November 3, 2023

Milbank Advises Ambrosia Capital as Lead Underwriter in €135M Intralot Share Capital Increase

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Milbank LLP advised Ambrosia Capital Hellas AEPEY acting as lead underwriter in connection with Intralot S.A.’s share capital increase in cash and with preemption rights concluded in October 2023. The share capital increase was fully subscribed for, raising total proceeds of €135 million.

Ambrosia Capital Hellas AEPEY acted as lead underwriter, Euroxx Securities acted as underwriter and Piraeus Bank acted as issue advisor.

Intralot is a Greek company that supplies integrated gambling products, transaction processing systems, game content, sports betting management and interactive gambling services to state-licensed gaming organizations worldwide.

The Milbank team was led by partners Apostolos Gkoutzinis and Ana Grbec, with support from associate Alexia Pimbli and legal assistant Matteo Bonacina.