The notes are guaranteed by Titan Cement, which has been listed on the Athens Exchange since 1912. Titan Cement is the parent company of a vertically integrated group that manufactures, distributes and trades cement, aggregates, ready-mix concrete and related building products in four regions: the United States, Greece and Western Europe, Southeastern Europe and the Eastern Mediterranean.

The Shearman & Sterling team included partners Apostolos Gkoutzinis (London-Capital Markets), Thomas Donegan (London-Financial Institutions Advisory & Financial Regulatory) and Simon Letherman (London-Tax); counsel Mehran Massih (London-Real Estate); and associates Jonathan Handyside and Angeliki Cheimona (both London-Capital Markets), Inyoung Song (London-Financial Institutions Advisory & Financial Regulatory) and Sarah Moir-Porteous (London-Tax).