Galaxy Cosmos Mezz
Galaxy Cosmos Mezz Plc is a special purpose vehicle focused on holding and managing part of the Mezzanine and Junior Notes issued in the Galaxy and Cosmos securitizations of loans originated by Alpha Bank SA. Incorporated in April 2022 and headquartered in Nicosia, Cyprus, it operates as a subsidiary of Alpha Services and Holdings S.A. The company's primary function is the acquisition, holding, and management of these mezzanine and junior securitization notes, which sit between senior debt and equity in the capital structure, providing higher risk and potential returns tied to the performance of the underlying loan portfolios. Galaxy Cosmos Mezz Plc plays a key role in the structured finance market by facilitating the tranching of non-performing or restructured loans into investable securities, enabling banks to offload assets while offering investors exposure to specific risk layers. Classified in the financial services sector under asset management, it supports liquidity in the European credit markets, particularly for Greek-originated loans, through its dedicated portfolio oversight.