Marfin Investment Group looks set to exit its majority shareholding in Greek ferry giant Attica Holdings via a €443.8m ($471.9m) debt for equity swap with bondholder Strix Holdings.
Athens-listed Marfin said in a regulatory filing on Tuesday that its board of directors had accepted a proposal from Strix, an Irish-registered investment firm controlled by London-based Blantyre Capital, to assume its 79% share capital in Attica in exchange for a common bond loan issued in May 2021 with an outstanding balance of €282.9m,
