Akin Advises Bain Capital Special Situations in Acquisition of Sunshine Leases
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(London) – Akin advised Bain Capital Special Situations in its acquisition of Sunshine Leases, a Greek financial leasing subsidiary of Piraeus Bank S.A. The transaction also involved the acquisition of a portfolio of non-performing exposures by Hellas Capital Leasing, a Greek leasing company wholly owned by funds managed or advised by Bain Capital.
The Sunshine Portfolio comprises mostly commercial real estate and hotel assets backed leases. Sunshine Leases is Bain Capital Special Situations’ sixth transaction involving European leasing portfolios, a sector in which it has acquired approximately €2.8 billion in receivables. Akin lawyers have represented Bain Capital Special Situations in all these transactions.
More details on the transaction can be found here.
The Akin team was led by special situations partner Amy Kennedy, and corporate & finance associate George Burt, with assistance from special situations & private credit co-lead Ranesh Ramanathan.
More information on Akin’s global market-leading special situations & private credit practice can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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