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A&O Shearman advises on Motor Oil’s EUR400m senior notes offering

A&O Shearman advises on Motor Oil’s EUR400m senior notes offering
A&O Shearman has advised a consortium of 13 banks on the issuance of EUR400 million in aggregate principal amount of 3.750% senior notes due 2031 by Motor Oil (Hellas) Corinth Refineries S.A. (“Motor Oil”).  

Motor Oil is a leading energy group with a history of over 50 years, operating across key segments of the broader energy value chain, including refining & fuels marketing, electrification, and the circular economy. Motor Oil is the largest oil refinery in Greece, as measured by crude oil operating capacity, representing approximately 40% of Greece’s total refining capacity. Motor Oil’s refinery is one of the most complex refineries in Europe, with a Nelson Complexity Index of 12.61. Headquartered in Athens, Greece, Motor Oil employs approximately 4,400 people and maintains a strong operational footprint both domestically and internationally.

The A&O Shearman team was led by partner John Kicken, senior associate Odysseas Theofanis and associate Stavros Bakolas, supported by Ioanna Papageorgakopoulou. 

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