Yannis Manuelides

Yannis led the legal team which acted for the Steering Committee of Private Creditors of Greece on the EUR206bn debt restructuring of the Hellenic Republic (PSI). Prior to the PSI he helped the Hellenic Republic with the audit of its debt liabilities and also assisted in the Hellenic Republic's discussions with the Troika on the establishments of the Privatisations Fund and related policy. Subsequently, he assisted in the establishment of the long term Asset Development Fund of the Hellenic Republic. Finally, he worked on a number of ancillary transactions required to be put in place as a precondition for rescue packages being made available to Greece.

Over the years Yannis has acted in a number of structured financings for supranationals and Eurozone sovereigns. Yannis has recently acted for clients in considering specific proposals for a new Eurozone sovereign debt architecture. Currently, he is working with clients on new types of financing that will enable sovereign borrowers to mobilise private and official sector finance towards sustainable development goals.

Memberships in expert groups

Yannis is a member of an ad hoc working group on GDP-linked bonds comprised of market participants and Bank of England economists to design market appropriate GDP-linked bonds for sovereigns.

Yannis is a contributor to the current debates on sovereign and bank debt through advice, membership of special committees, lectures and thought-papers. He is also a member of IIF's Committee on Sovereign Risk Management and Principles Consultative Group, the Sovereign Debt Committee of the International Law Association, and of the Sovereign Debt working group of the Financial Markets Law Committee.