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Andreas Neocleous & Co LLC

Andreas Neocleous & Co LLC

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News, events and recent works of Andreas Neocleous & Co LLC.

Recent Works

Strabag SE - acquisition of JW Marriott Bucharest Grand Hotel

In the summer of 2014 we advised Strabag SE, one of Europe's largest construction groups, on the acquisition of the one-third of the share capital it did not already own in Societatea Companiilor Hoteliere Grand SRL, a Romanian company…

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Recent Works

Rabobank - VVT Vasiliko facilities

During 2014 we acted as Cyprus counsel for Rabobank in connection with facilities extended to VTTI, a joint venture between a Swiss company, Vitol Group and a Malaysian company, MISC Berhad, to finance a € 300 million oil storage terminal…

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Recent Works

L Capital Asia Advisors – merger clearance

In the spring of 2015 we advised L Capital Asia Advisors, part of Groupe Arnault, which controls the LVMH and Christian Dior luxury goods business and other high-end fashion businesses, on Cyprus merger control issues in relation to the…

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Recent Works

BW group – US$ 800 million ten year senior secured credit facility

In the summer of 2014 we advised and assisted BW Offshore in relation to its new US$ 800 million ten year senior secured credit facility for its floating production, storage and offloading unit project for the Catcher oilfield in the UK…

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Recent Works

Atterbury Group acquisition of Shacolas Emporium Park

In the summer of 2015 we acted for Atterbury Group (in partnership with other foreign investors) to acquire the Shacolas Emporium Park (including the Mall of Cyprus) and the Mall of Engomi) at a gross property value of approximately €180…

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Recent Works

Advice to H&M Hennes & Mauritz on commencing operations in Cyprus

H &M is a multinational retail-clothing company based in Sweden. It operates in 61 countries through more than 3,700 stores. It is the second largest global clothing retailer, just behind Inditex, the parent company of Zara. It has…

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Recent Works

ADB and EBRD USD 1 billion financing for Shah Deniz stage 2

We advised a consortium of international financial institutions led by the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) on the Cyprus law aspects of a USD1 billion project financing for the…

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News

Amendments to the Cyprus tax laws to promote restructuring

In December 2015 the Cyprus tax laws were amended to temporarily exempt loan restructurings from tax in order to facilitate and encourage the restructuring of non-performing loans. The amendments affect the Income Tax Law, the Capital…

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News

Procedures for delisting of securities

The Cyprus Securities and Exchange Commission (“CySEC”) has issued a Directive setting out the procedures to be followed for delisting of securities from the Cyprus Stock Exchange (“CSE”) on application by the investee. It applies to…

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