Contact details

Constantinos Karachalios

T: +30 210 429 5160 M: +30 695 7505 484 Email Constantinos | Vcard Office: Piraeus

Awards

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

Constantinos Karachalios Associate

Contact details

Constantinos Karachalios

T: +30 210 429 5160 M: +30 695 7505 484 Email Constantinos | Vcard Office: Piraeus

Costas is a finance associate specialising in documenting and advising banks on ship financing. He has extensive experience of advising leading banks on bilateral and syndicated transactions including financing and refinancing of second-hand and newbuild vessels and restructuring of such transactions. Costas is known for his hard work in getting the job done and delivering to tight deadlines.
 
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Costas has significant experience involving transactions involving banks located in several jurisdictions such as Greece, England, Germany, and Greek based shipping companies. Such transactions include vessels built in Chinese, Korean and Japanese yards and secured by refund guarantees issued by Chinese, Korean and Japanese banks.

Costas holds a degree in law from the University of Athens and a Master of Laws in European Law from University of Kent.
 
  • Ship and offshore finance

Acting for international banks and financial institutions with significant presence in the shipping finance market in connection with syndicated and bilateral loan facilities, restructurings intercreditor arrangements, assignments of loan and security.

Advising a German bank in relation to a US$232 million syndicated loan facility where the security was granted in favour of all three lenders, rather than a security agent, including acting for the agent in connection with the assignment of the lenders' security as a result of the sale of that lender's participation to another lender. The work included supplementing the facility to reflect the change in the shareholding structure of the borrower and its joint venture structure and entailed major restructuring of the facility and the granting of new security.

Advising a Japanese international bank acing through its Brussels branch on the refinancing of four car carrier vessels for four single purpose shipping companies owned by a major car carrier shipping group.

Advising a Dutch bank in relation to a US​$176 million Senior Secured Amortizing Credit Facility to Isle of Man incorporated companies and secured over four Bahamian flag vessels, including mortgage security and corporate guarantees.

More: Ship and offshore finance

  • Shipping

Advising owners on refund guarantees, letter of guarantee and shipping finance transactions and ship management agreements.

Advising a German bank in relation to a US$232 million syndicated loan facility where the security was granted in favour of all three lenders, rather than a security agent, including acting for the agent in connection with the assignment of the lenders' security as a result of the sale of that lender's participation to another lender. The work included supplementing the facility to reflect the change in the shareholding structure of the borrower and its joint venture structure and entailed major restructuring of the facility and the granting of new security.

Advising a Japanese international bank acing through its Brussels branch on the refinancing of four car carrier vessels for four single purpose shipping companies owned by a major car carrier shipping group.

Advising a Dutch bank in relation to a US$176 million Senior Secured Amortizing Credit Facility to Isle of Man incorporated companies and secured over four Bahamian flag vessels, including mortgage security and corporate guarantees.

More: Shipping

  • Greece

Advising banks in connection with Greek mortgages and account pledges governed by Greek law.

Registration of mortgages

Constantinos has documented the Greek mortgages in relation to a five borrowers syndicated loan facility secured by Greek mortgages over the borrowers' Greek flag vessels.

Discharge of mortgages

Constantinos has assisted various banks with the Greek mortgage's discharge upon repayment or prepayment of loan facilities.

Conducting registry, court and company searches in relation to real property and Greek registered vessels at the relevant registries in Greece.

More: Greece

Awards

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

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