CrediaBank has provided financing for the reconstruction, development, and refurbishment of a luxury resort in Porto Heli, Argolida, to be operated by Four Seasons.
The financing was structured as a common secured bond loan facility issued by Hinitsa Bay Holdings and co-financed under the Recovery and Resilience Fund. The overall package also included a bridge facility in the form of a current-account credit line to pre-finance RRF-eligible costs and a second secured bond loan to refinance existing indebtedness. The project has been licensed as an Integrated Tourist Accommodation.
Bernitsas advised CrediaBank on the financing (as reported by CEE Legal Matters on October 28, 2025).
Image source: press.fourseasons.com