Milbank LLP advised WIND Hellas in connection with the high yield bond offering of €525 million 4.250% senior secured notes due 2024. WIND Hellas will use the new bond to pay back its €275 million senior secured notes due 2021 and keep €210 million on its balance sheet. It will also sign a new €75 million revolving credit facility.
WIND Hellas is one of the largest telecommunications companies in Greece. In operation for 23 years, WIND is established as a pioneer in mobile phone technology and was the first telecommunications company in Greece that offered its customers integrated Mobile Telephony, Fixed Telephony & Internet services.
The Milbank team was led by Global Leveraged Finance/Capital Markets partner Apostolos Gkoutzinis with support from special counsel Randy Nahlé and Miko Bradford and associates Dimos Papanikolaou, Rahul Chatterji, Lauren Obee, Stephanie Colquhoun, Jessica Savoie and Sarah Findlay.
