Firms To Watch: Banking and finance: lender or arranger side

Eversheds Sutherland Associazione Professionale's banking and finance team in Milan is led by aviation finance specialist Umberto Mauro; Mauro is supported by Daniela Viaggio, an adviser on project finance transactions in the real estate and clean energy sectors.
Grimaldi Alliance's lender-side banking and finance practice features Rome-based banking and finance specialist Andrea Martina and Angelo Alfonso Speranza in Milan, who acts for domestic and international banks and financial institutions on a range of financings.
Giovannelli e Associati Studio Legale formed its Milan-based finance department in 2022 through the lateral hire from Shearman & Sterling LLP of Valerio Fontanesi as practice leader, and specialises in leverage and real estate finance.

Banking and finance: lender or arranger side in Italy

Chiomenti

The banking and financing team at Chiomenti is consistently sought out by major banks to advise on acquisition, corporate and real estate financings. The group also assists with refinancing deals and cross-border issues. The team is led by Gianrico Giannesi, who draws on an extensive background in banking, finance and related regulatory matters. Other key figures include Giulia Battaglia, who specialises in structuring complex transactions; Giorgio Cappelli, who focuses on acquisition finance; Marco Cerritelli, who brings project finance expertise; Antonio Tavella, who heads the group’s restructuring business unit; and Riccardo Rossi. Key support is provided by senior associate Girolamo D’Anna, who advises on national and cross-border acquisition and project financings.

Practice head(s):

Gianrico Giannesi


Other key lawyers:

Giulia Battaglia; Giorgio Cappelli; Marco Cerritelli; Antonio Tavella; Riccardo Rossi; Girolamo D’Anna


Key clients

Banco BPM S.p.A.


BNP Paribas


Cassa depositi e prestiti S.p.A.


Credit Agricole


Deutsche Bank


European Investment Bank


Intesa Sanpaolo S.p.A.


J.P. Morgan Plc.


UniCredit S.p.A.


Ilimity Bank S.p.A.


Banca Popolare di Sondrio Soc.Coop.p.A.


Banca IFIS S.p.A.


Work highlights


  • Advising BPER Banca S.p.A., Banca Sella S.p.A., Banca Popolare di Sondrio S.p.A., and Banco di Desio e della Brianza on the review, negotiation and finalisation of the finance documentation for the acquisition by Dalma Mangimi S.p.A. of the corporate capital of Stella Mangimi S.r.l. and Sperina S.r.l.
  • Advised a syndicate of Italian and French financiers, comprising Cassa Depositi e Prestiti S.p.A., BNP Paribas, MPS, and Société Générale on a €188m project financing.

Clifford Chance

Clifford Chance's Italy group is consistently mandated to advise on high-end finance transactions, such as investment grade deals, acquisition financings, export finance, syndicated loans, bonds and debt restructurings. The practice in Milan also covers real estate loans and international project financing. Practice head Giuseppe De Palma routinely acts on major banking and finance transactions. Charles Adams is renowned for his expertise in Italian and cross-border banking. Ferdinando Poscio specialises in general and syndicated lending, acquisition finance and restructuring. Other figures to note are senior counsel Francesca Cuzzocrea, Filippo Tassoni, Chiara Commis and counsel Paolo Ballerini.

Practice head(s):

Giuseppe De Palma


Other key lawyers:

Charles Adams; Ferdinando Poscio; Francesca Cuzzocrea; Filippo Tassoni; Chiara Commis; Paolo Ballerini; Alberto Claretta-Assandri; Lucio Bonavitacola; Riccardo Coassin; David Neu


Testimonials

‘The firm represents a point of reference for the banking industry.’

‘Competence, problem solving and negotiation skills that are above average.’

‘Worldwide network, availability, high levels of competence in banking law.’

‘Accuracy and high-level advice.’

‘Partner Ferdinando Poscio and counsel David Neu always support clients with thoughtful advice.’

Key clients

Banca Nazionale del Lavoro


Bank of America


BNP Paribas


Bper Banca


CaixaBank


Cassa Depositi e Prestiti


Crédit Agricole Italia


Deutsche Bank


Generali Real Estate


Goldman Sachs


FIEE SGR


Intesa Sanpaolo


Invesco Real Estate


Investec


SACE


UniCredit


Work highlights


  • Assisted a pool of financing banks on a transaction through which Ansaldo Energia implemented a financial manoeuvre, which related to the execution of its 2022-2027 business plan.
  • Assisted both a pool of banks (comprised of Banca Nazionale del Lavoro, BPER Banca, Intesa Sanpaolo and UniCredit) and SACE with the underwriting by Edison of a long-term revolving credit line of €1bn.
  • Assisted UniCredit and Investec with the financing for the design, construction, equipping and servicing, on a turnkey basis, of three regional hospitals for the Republic of Angola.

Legance - Avvocati Associati

One of the very top law firms in Italy', Legance - Avvocati Associati advises domestic and international banks (and financial institutions) on a range of  significant financings. The practice is led by Monica Colombera, who brings expertise to energy and infrastructure project financings, and Andrea Giannelli, who consistently handles complex transactions. Tommaso Bernasconi's practice includes major acquisition and real estate financings. Other key practitioners include Guido Iannoni Sebastianini, Filippo Ruffato, Giovanni Scirocco and Antonio Palazzolo, along with Emanuele Artuso, managing associate Giuseppe D’Amore and senior associates Ilaria Rosa and Lucio Di Cicco. Simone Ambrogi was promoted to partner in June 2023.

Practice head(s):

Andrea Giannelli; Monica Colombera


Other key lawyers:

Tommaso Bernasconi; Guido Iannoni Sebastianini; Filippo Ruffato; Giovanni Scirocco; Antonio Palazzolo; Emanuele Artuso; Giuseppe D’Amore; Ilaria Rosa; Lucio Di Cicco; Simone Ambrogi; Marco Gagliardi; Beatrice Zilio


Testimonials

‘One of the very top law firms in Italy.’

‘One of the go-to names, particularly for project finance.’

‘Very pragmatic and solution oriented.’

‘People who are always available and skilled.’

‘Lawyers that always try to understand the client’s point of view.’

‘Good knowledge of sectors and industries, with a great approach to clients.’

‘Lucio Di Cicco, Emanuele Artuso and Filippo Ruffato all have excellent knowledge.’

Key clients

Banca IMI


Banca Nazionale del Lavoro


Banco BPM


Banco di Sardegna


Banco Santander


BNP Paribas


Banca Popolare di Sondrio


BPER Banca


Cassa Depositi e Prestiti


Crédit Agricole


European Investment Bank


Goldman Sachs International Bank


ING Bank


Intesa Sanpaolo Group


Mediobanca – Banca di Credito Finanziario


Monte dei Paschi di Siena


Natixis


SACE


Societe Générale


UniCredit


Linklaters Studio Legale Associato

Display an ‘outstanding level of competence and negotiation skills', Linklaters Studio Legale Associato‘ banking and finance practice in Milan acts for financial institutions on a range of high-end, domestic and international finance transactions. Acquisition and leveraged finance deal expert Andrea Arosio heads up the team, which includes the firm’s Italy restructuring and insolvency head Francesco Faldi. Other key members include Ettore Consalvi, an adviser on global banking, acquisition and real estate financing, as well as Tessa Lee, Alessandra OrtelliDiego Esposito and Marco Carrieri (both promoted, respectfully, to partner and counsel in May 2023), senior managing associate Lilia Lani and managing associate Alessandro Tanno.

Practice head(s):

Andrea Arosio


Other key lawyers:

Francesco Faldi; Ettore Consalvi; Tessa Lee; Diego Esposito; Alessandra Ortelli; Marco Carrieri; Lilia Lani; Alessandro Tanno


Testimonials

Outstanding level of competence and negotiation skills.’

‘Commitment, flexibility and knowledge of Italian and international LBO market standards.’

‘Flexibility, a cooperative and pragmatic approach and problem-solving skills.’

Key clients

Pemberton Capital Advisors


PAI Partners


Bank of America


Deutsche Bank


Partners Group


Crédit Agricole


UniCredit


Intesa Sanpaolo


ING Bank N.V.


Banco BPM


Rivean Capital


White & Case (Europe) LLP

White & Case (Europe) LLP's ‘extremely supportive‘ finance practice in Milan acts across the full range of finance products. The team is jointly led by Giuseppe Barra Caracciolo, an expert in general lending and debt restructuring; Iacopo Canino, who brings strength to leveraged finance; Gianluca Fanti, a specialist in real estate finance; Andrea Novarese, who draws on over 25 years' experience in the practice area; Francesco Scebba, who handles complex special situations transactions; Bianca Caruso, who assists credit providers with financings; and Tiziana Germinario, who manages sustainability-linked finance. Senior associate Stefano Bellani is another key name to note.

Practice head(s):

Giuseppe Barra Caracciolo; Iacopo Canino; Bianca Caruso; Gianluca Fanti; Tiziana Germinario; Andrea Novarese; Francesco Scebba


Other key lawyers:

Stefano Bellani


Testimonials

White & Case have been extremely supportive, especially Iacopo Canino and Bianca Caruso.

Key clients

Bank of America Merrill Lynch


Banco de Sabadell


Banco Santander


BNP Paribas


Cassa Depositi e Prestiti


Citibank


Deutsche Bank


Goldman Sachs


Intesa Sanpaolo


Banca IMI


J.P. Morgan


Mediobanca


Morgan Stanley


Natixis


Rabobank


UniCredit


Banca IFIS


Banca Nazionale del Lavoro


Banco BPM


BPER Banca


Cassa Risparmio di Asti


Cassa di Risparmio di Bolzano


Credito Fondiario


Crédit Agricole Italia


Illimity Bank


Work highlights


  • Advised a pool of lenders on a senior term and revolving credit facility agreement to finance the acquisition by British investment fund Telemos Capital of a majority stake in Vittoria, an Italian manufacturer of bicycle tyres and related accessories.
  • Advised a pool of banks on €450m term and revolving credit facilities granted to Italian fashion company Valentino.
  • Advising a pool of banks on a €1.4bn green term and revolving loan granted to Italo – Nuovo Trasporto Viaggiatori.

Allen & Overy - Studio Legale Associato

Allen & Overy - Studio Legale Associato's Italy team particularly stands out for complex financing deals comprising combined banking and capital markets or structured finance features. It also advises lenders and alternative finance providers on high-end real estate financing and funding deals, and maintains a highly active infrastructure and energy financing practice. Stefano Sennhauser heads the banking team in Italy, which includes real estate, acquisition and project infrastructure finance specialist Pietro ScarfoneFrederic Demeulenaere, who leads the UK banking law team in Milan; and banking and finance deal practitioner Luca Maffia.

Practice head(s):

Stefano Sennhauser


Other key lawyers:

Pietro Scarfone; Frederic Demeulenaere; Luca Maffia; Martina Gullino; Marco Mazzola


Testimonials

‘Clients appreciate Allen & Overy for the high-level competence.’

‘One of the few international law firms with a presence in Italy that is able to work at 360° levels with banks and companies on the most complex structures.’

‘Allen & Overy is one of the fastest firms to provide fee quotes when solicited, which is usually very appreciated by banks/companies.’

Work highlights


  • Advising the banks and private credit funds on the financing for TPG Capital’s acquisition of DOC Generici.
  • Advised UniCredit and Industrial and Commercial Bank of China (Europe) on the drafting, negotiation and signing of a green financing granted to Fondo Iron.
  • Advised global alternative asset manager Cheyne Capital Management LLP on the re-financing for the acquisition of a majority stake in Sereno Hotels by an affiliate of KSL Capital Partners.

BonelliErede

Consistently mandated by major credit institutions and financial institutions, BonelliErede's expertise encompasses acquisition, corporate, project, real estate and structured finance. Emanuela Da Rin heads up the banking and real estate focus groups. Antonio La Porta specialises in structured finance; Giuseppe Sacchi Lodispoto brings expertise to loan deals. Catia Tomasetti handles energy and project finance matters. The practice also features Gabriele Malgeri, who focuses on the negotiation of financial contracts and security packages; project finance specialist Giorgio FrascaGiovanni Battaglia, who was promoted to partner in January 2024; and managing associate Federico Cocito.

Other key lawyers:

Emanuela Da Rin; Antonio La Porta; Giuseppe Sacchi Lodispoto; Catia Tomasetti; Gabriele Malgeri; Giorgio Frasca; Giovanni Battaglia; Federico Cocito


Testimonials

‘Reliable and always ready to find solutions to get to closing.’

‘Great support, available, and ready to solve issues.’

‘The team’s recognised ability to solve issues during execution phases is really appreciated by lenders.’

With regard to regulated sectors, such as water, the firm represents the highest level of legal advice in Italy, in terms of ethics and professional knowledge.

‘Catia Tomasetti knows the market and its dynamics inside-out. She continues to explore new frontiers in structuring, while always keeping the client safe from risks (often anticipating risks thanks to her experience).’

‘Catia Tomasetti is the example of a trusted adviser who does not suggest innovation just for the sake of building up her credentials, as her ambition is always to protect the client from bad surprises.’

Catia Tomasetti and Giorgio Frasca represent the highest level of knowledge and integrity in Italy.

‘Gabriele Malgeri is the lawyer clients can’t do without once they work with him. He follows all deals in detail and is very committed to making things happen. He fixes any issue for good while respecting tight timelines.’

Key clients

Aareal Bank


Banco BPM


Cassa Depositi e Prestiti


ING


Intesa Sanpaolo


MPS Capital Services Banca


SACE S.p.A.


UniCredit


Work highlights


  • Advised SACE on a €12bn revolving financing granted by Banco BPM, BPER Banca, Cassa Depositi e Prestiti, Intesa Sanpaolo and UniCredit to Enel to cover liquidity needs (deriving from obligations to provide financial collaterals for trading activities on the energy markets).
  • Assisted UniCredit and SACE with the €560m green loan project financing for the development of TANGO, an industrial-scale manufacturing plant for innovative, sustainable, high-performance photovoltaic modules.
  • Advised certain financial institutions and SACE on a €200m unsecured financing transaction granted to the Saviola Group.

Dentons

Dentons' full-service banking and finance group specialises in commercial lending, fund financing, financial services, project finance and structured finance. Alessandro Fosco Fagotto leads the firm’s Europe banking and finance practice. Pierandrea Bonali brings expertise to the real estate and property finance markets. Luigi Costa advises on energy and infrastructure financings. The team further includes managing counsels Edoardo GaleottiFranco Paolo Gialloreti and counsel Tommaso Zanirato, who all focus on domestic and cross-border LBOs involving banks and financial institutions; and counsel and real estate sector specialist Antida Cutuli.

Practice head(s):

Alessandro Fosco Fagotto


Other key lawyers:

Pierandrea Bonali; Luigi Costa; Edoardo Galeotti; Franco Paolo Gialloreti; Tommaso Zanirato; Ginevra Biadico


Testimonials

‘Dentons’ banking and finance team has the ability to solve problems.’

‘Able to show genuine empathy and understanding. They are also appreciated for having consistent and clear communications with clients and counterparties.’

‘High levels of commitment during each phase of the deal, and the partners actively participate in every call/meeting. The team is able to complete each negotiation on time successfully, and they are always available to support their clients, even for minor issues.’

‘The Dentons’ real estate finance team is made up of highly skilled professionals who are technically-prepared and available to assist in an efficient and solution-oriented manner.’

‘The banking and finance practice stands out from other law firms because of its commitment, competence and expertise in providing detailed legal advice, and for its coverage of a wide range of banking and finance-related mandates.’

‘Alessandro Fosco Fagotto and Edoardo Galeotti perform at the top of the market, and are always available to deliver timely answers to any question concerning deal structuring and execution.’

‘Pierandrea Bonali and Antida Cutuli have a highly professional and skilled approach. Pierandrea is one of the best finance lawyers around, while Antida is a dedicated lawyer who delivers a high level of client service.’

‘Tommaso Zanirato is an experienced professional with strong technical skills and unique relationship skills.’

Key clients

Banca IFIS


Banca Nazionale del Lavoro


Banco BPM


BPER Banca


Crédit Agricole Italia


Intesa Sanpaolo


Mediobanca


MPS Capital Services Banca per le Imprese


UniCredit


illimity Bank


Deutsche Bank


Muzinich


Green Arrow Capital


Fuchs Asset Management S.A.


Anthilia Capital Partners SGR


Solution Bank


Eurazeo


Natixis


Tenax Capital


H.I.G.


Work highlights


  • Assisting a pool of banks with a €600m sustainability-linked financing, consisting of a term credit line and revolving credit line (granted to Lavazza).
  • Assisted Eurazeo and HIG with the financing for the acquisition of a majority stake in Passione Unghie.
  • Assisting a pool of banks with a €495m term and revolving financing that was granted to Bubbles BidCo.

DLA Piper

Extremely solid in all areas of banking and finance’, DLA Piper‘s Italy team advises on major syndicated lending transactions, along with energy, infrastructure and real estate financings. The finance, projects and restructuring group is headed by Luciano MorelloAntonio Lombardo delivers finance law expertise. Federico Zucconi Galli Fonseca and Giovanni Ragnoni Bosco Lucarelli specialist in acquisitions and project finance. Other key figures include Italy banking and financial services sector head Ugo Calò, leveraged finance expert Giuseppe MeleGiampiero Priori, associate Claudio D’Alia and Riccardo Pagotto, who was promoted to counsel in July 2023.

Practice head(s):

Luciano Morello


Other key lawyers:

Antonio Lombardo; Federico Zucconi Galli Fonseca; Giovanni Ragnoni Bosco Lucarelli; Ugo Calò; Giuseppe Mele; Giampiero Priori; Claudio D’Alia; Riccardo Pagotto; Pietro Paolo D’Ippolito; Silvia Ravagnani


Testimonials

‘A very committed and reliable team.’

‘This team’s unique strengths lie in its seasoned professionals, diverse expertise and collaborative ethos.’

‘Each member brings a wealth of experience and qualifications to the table, ensuring a comprehensive approach to clients’ challenges.’

‘They leverage cutting-edge technology for efficiency and offer flexible billing models to align with client success.

‘The team is extremely solid in all areas of banking and finance, and has always proven to be very effective in all kinds of negotiations, even with strong and difficult counterparties.’

‘Giovanni Ragnoni Bosco Lucarelli stands out for his exceptional expertise, dedication and client-centric approach. His deep legal acumen and strategic thinking consistently deliver outstanding results.’

‘Giovanni Ragnoni Bosco Lucarelli and Claudio D’Alia are among the most prepared lawyers around – high-level negotiation skills, client oriented, with solid legal knowledge.’

‘Giuseppe Mele is a top lawyer.’

Key clients

UniCredit


Intesa Sanpaolo


Cassa Depositi e Prestiti (CDP)


Natixis


MPS


Mediocredito Italiano


BNL


Banco BPM


UBI Banca (now Intesa Sanpaolo)


Credito Valtellinese


ING Bank


ICCREA


BNP Paribas


Aareal Bank AG


Deutsche Bank S.p.A.


Credit Suisse


Mediobanca


Santander


Société General


Morgan Stanley


Work highlights


  • Advised a pool of banks on a €340m financing granted to Retelit, an Italian telecoms player focused on the B2B market.
  • Assisted a pool of banks, consisting of BNP Paribas, CDP, Intesa and UniCredit, with the financing of Morellato Group’s acquisition of Christ Group from the 3i fund.
  • Advised a pool of banks, consisting of BNP Paribas Italian Branch, Banca Nazionale del Lavoro, ING Bank N.V. Milan Branch, Intesa Sanpaolo and UniCredit, on the €300m financing transaction granted to Safilo.

Gianni & Origoni

The team at Gianni & Origoni brings expertise to project finance, refinancings, real estate finance acquisition financings, ESG-linked deals and general corporate matters. The banking and finance group is jointly led by Matteo Bragantini and Giuseppe De Simone, who both oversee complex, cross-border transactions. Ottaviano Sanseverino, who draws on over 20 years of experience handling matters in the energy and infrastructure sectors, heads up the project finance department. Other key figures include energy, infrastructure and TMT expert Arrigo ArrigoniEduardo Fiordiliso and Matteo Gotti, who are both specialists in structured finance; and Ilaria Laureti, who manages leveraged buyouts and public tenders; and Piergiorgio Picardi. Key support is provided by counsels Maria Panetta and Claudia Lami.

Practice head(s):

Matteo Bragantini; Giuseppe De Simone; Ottaviano Sanseverino


Other key lawyers:

Arrigo Arrigoni; Eduardo Fiordiliso; Matteo Gotti; Ilaria Laureti; Piergiorgio Picardi; Maria Panetta; Claudia Lami


Testimonials

‘Its energy and infrastructure team is unique in Italy, since they cover every single aspect that is relevant for projects – from regulatory and tax to M&A and financing.’

‘The deal team is composed of both young and very senior team members, which makes it such a good fit for clients.’

‘One of the very best firms in the Italian market for project finance deals.’

‘Very efficient, very effective, reasonable and pragmatic in the search for solutions. Good level of availability of partners.’

‘Very knowledgeable team that pays attention to the quality of the support it gives to clients and with respect for deadlines.’

‘Arrigo Arrigoni is a very confident and prepared lawyer. He wants to make things happen and is able to communicate well with different stakeholders at various seniority levels.’

‘Arrigo Arrigoni stands out not only for his impressive knowledge but also for his commercial skills and ability to explain in a clear and simple manner. He is proactive and exceeds expectations in terms of delivery times. The quality of his work is stellar.’

Key clients

UniCredit


Intesa Sanpaolo


Cassa Depositi e Prestiti S.p.A


EIB (European Investment Bank)


BNP Paribas S.A.


Crédit Agricole Group (CIB)


Intrum


Natixis


Cassa depositi e prestiti


Nord/LB Norddeutsche Landesbank


Société Générale


Banco Santander S.A.


Work highlights


  • Advised Cassa Depositi e Prestiti on the drafting and signing of an agreement with the Ministry of Agriculture, Food and Forestry, aimed at financing investment programmes in the agri-food and agri-energy sectors.
  • Advised a pool of lending banks (Unicredit, Intesa Sanpaolo, Banco BPM – CIB, BNP Paribas and Crédit Agricole CIB and Sace) on a revolving loan agreement for €1.8bn, granted to Snam (as parent company beneficiary), Stoccaggi Gas Italia and Snam Rete Gas.
  • Assisted the lenders with a €1.4bn bank loan granted to Alperia.

Latham & Watkins LLP

Latham & Watkins LLP's banking and finance practice in Milan acts for major lenders on a full range of finance work, including acquisition finance, corporate lending, leveraged finance and debt restructuring. Italian finance department head Marcello Bragliani brings experience to cross-border financings involving tailored structures. Antongiulio Scialpi's practice includes the financing of public-to-private transactions. Another name to note, Alessia De Coppi routinely structures complex financings on behalf of both domestic and international financial institutions.

Practice head(s):

Marcello Bragliani


Other key lawyers:

Antongiulio Scialpi; Alessia De Coppi


Testimonials

‘Great depth of experience and expertise, availability and ability to deliver.’

‘Marcello Bragliani and Antongiulio Scialpi are very helpful and available.’

Key clients

Goldman Sachs


Mediobanca


J.P. Morgan SE


CVC Capital Partners


BayWa AG


UniCredit S.p.A.


Intesa Sanpaolo


Deutsche Beteiligungs AG


BNP Paribas


Macquarie


Société Générale


Nomura


Arcmont


Credit Agricole


Goldman Sachs


Macquarie


Banca Akros


Gruppo Banco BPM


Deutsche Bank


PedersoliGattai

In January 2024, Pedersoli Studio Legale and Gattai, Minoli, Partners merged to become PedersoliGattai, which advises major banks and financial institutions on a broad range of lending and financing transactions. Gaetano Carrello and Emanuela Campari Bernacchi draw on extensive real estate and structured finance experience. Lorenzo Vernetti and Maura Magioncalda provide expertise in banking and acquisition finance. Nicola Gaglione specialises in project finance. Other key figures include domestic and cross-border financing transaction expert Gian Luca CoggiolaValentina Lattanzi, who brings strength to matters involving non-performing loans; and leveraged finance specialists Consuelo Citterio and Alessandra De Cantellis.

Practice head(s):

Gaetano Carrello; Lorenzo Vernetti; Maura Magioncalda


Other key lawyers:

Nicola Gaglione; Emanuela Campari Bernacchi; Gian Luca Coggiola; Valentina Lattanzi; Consuelo Citterio; Alessandra De Cantellis; Andrea Calvi; Federico Tropeano


Testimonials

The overall level of service is very good for its response times, negotiation skills and knowledge of the banking industry’s main issues.

The team is well-balanced and assists clients quickly.

24/7 availability and quick responses, as well as the ability to explain and resolve any issues during negotiations.’

Reliable experts and collaborative in their assistance to banks.

Maura Magioncalda is a true expert, giving clients the right solutions.

Key clients

Intesa Sanpaolo


Banca di Credito Cooperativo di Milano


Banca Popolare di Bari


BPER Banca


Banca Monte dei Paschi di Siena


Banca Carige


Banco di Desio e della Brianza


Banca Galileo


Carlyle Opportunities


H.I.G Capital


Intermediate Capital Group


HPS Investment Partners


Arcmont


Goldman Sachs


Banca Finanziaria Internazionale


HSBC


Morgan Stanley


Banco BPM


illimity Bank


UniCredit


Cassa depositi e prestiti


BPER


MPS Capital Services


Crédit Agricole Italia


Work highlights


  • Assisted a pool of lenders (comprised of Banco Santander, Banco Bilbao Vizcaya Argentaria, Banco BPM, Bank of America, Caixabank, Crédit Agricole, Goldman Sachs, Intesa Sanpaolo, J.P. Morgan, Mediobanca, Mizuho, MUFG, Natixis, Royal Bank of Canada, SMBC, Société Générale and Unicredit) with the €10bn financing for the P2P voluntary tender offer launched by Edizione (jointly with the Blackstone Group) for the acquisition and delisting of Atlantia.
  • Advised the banks, led by Goldman Sachs Bank Europe SE, on the structuring and underwriting of the €2bn financing package for the acquisition of Fedrigoni.
  • Assisted a pool of banks, led by Goldman Sachs and BNP Paribas, with the issuance of a bond loan for €690m in favour of Italmatch Chemicals.

ADVANT Nctm

ADVANT Nctm's practice focuses on project, acquisition, leverage, corporate and real estate finance. The group also brings notable shipping finance, debt restructuring and sustainable finance expertise. Stefano Padovani routinely advises on extraordinary transactions. Eugenio Siragusa specialises in project finance. Giovanni de’ Capitani di Vimercate assists with acquisition financings. Riccardo Sallustio's workload includes green and real estate financings. Alfredo Lizio utilises expertise in shipping and aviation finance matters.

Practice head(s):

Stefano Padovani


Other key lawyers:

Eugenio Siragusa; Giovanni de’ Capitani di Vimercate; Riccardo Sallustio; Alfredo Lizio; Giuseppe Buono; Roberto de Nardis di Prata


Testimonials

Alfredo Lizio is clearly oriented towards success, and this attitude is recognised and appreciated by all parties during negotiations.’

Key clients

Goldman Sachs


UniCredit


Intesa Sanpaolo


Veld Capital (former AnaCap Financial Partners)


Cassa Depositi e Prestiti


The European Energy Efficiency Fund


Crédit Agricole Italia


Banco BPM


Banca Monte dei Paschi di Siena


Banca IFIS


BNL/BNPO Paribas


Société Générale


Work highlights


  • Advised Cassa Depositi e Prestiti on the review and negotiation of a counter-guarantee agreement with the European Investment Bank for a total amount of €300m.
  • Advised Intesa Sanpaolo (and a pool of lenders and insurers) on a term loan and guarantee facility of up to €350m for T. Mariotti for the construction of a luxury cruise vessel.
  • Advised Trendil FZCO on a €300m single term facility to Hara Capital, in order to finance the acquisition of Tendril Ventures Pte from Trafigura Pte.

Ashurst

Ashurst's Italy team comprises specialists in acquisition, leverage, real estate, development, telecoms and project finance. Other key areas are corporate lending and trade, asset and receivables finance, as well as special situations and debt restructuring deals. Mario Lisanti heads up the Italian global loans team, while Carloandrea Meacci and Umberto Antonelli are both energy and infrastructure financing specialists. Luca Maria Chieffo and Nicola Toscano also maintain active finance practices.

Practice head(s):

Mario Lisanti


Other key lawyers:

Carloandrea Meacci; Umberto Antonelli; Luca Maria Chieffo; Nicola Toscano


Testimonials

‘Strong professionals, knowledge of different sectors, good connections.’

‘Very experienced and recognised team in the infra loan space. The team takes part in very complex deals.’

‘The partners and the rest of the team are very responsive to requests and have very commercial skills.’

Key clients

Anima


Banco BPM


BNL BNP Paribas


Cassa Depositi e Prestiti


Cheyne Capital


Crédit Agricole


Deutsche Bank


Intesa Sanpaolo


MUFG Bank


Natixis


Oldenburgische Landesbank Aktiengesellschaft


Oquendo


UniCredit


Vantage


Work highlights


  • Acted for Oldenburgische Landesbank Aktiengesellschaft and Crédit Agricole Italia, as mandated lead arrangers and lenders, on the ESG-linked financing provided to private equity firm Ambienta to support its acquisition of a majority stake in Gruppo Spaggiari Parma.
  • Acted for Crédit Agricole Corporate and Investment Bank, Milan Branch, Cassa Depositi e Prestiti, and Caixa Bank, Milan Branch, on three sustainability-linked loans granted to ERG for a total amount of €330m.
  • Acted for Anima Alternative and Oquendo Capital, in their capacity as underwriters of a bond issued (by an Italian company indirectly controlled by Matteo Moretti) to acquire the share capital of Lumson.

Molinari Agostinelli

Advising Italian and foreign banks, debt funds and other financial institutions, Molinari Agostinelli's practice covers leveraged, acquisition, property, corporate, real estate and structured finance. It also assists with distressed lending. Riccardo Agostinelli is a widely-esteemed banking law expert; Alessandro Fontana assists with structured finance transactions and major debt restructurings; and Marco Leonardi brings longstanding banking and finance sector experience. Other key team members are Andrea Taurozzi and Daniele Migliarucci.

Practice head(s):

Riccardo Agostinelli; Alessandro Fontana


Other key lawyers:

Marco Leonardi; Andrea Taurozzi; Daniele Migliarucci.


Testimonials

‘State-of-the-art levels of know-how.’

‘Great at building up cross-functional teams that are able to cover most of the topics affecting the deal.’

‘Top-level professional capabilities, together with incomparable levels of flexibility and availability.’

‘Excellent team on the ground that pairs commercial capabilities with sound product knowledge.’

‘Riccardo Agostinelli and Daniele Migliarucci are true professionals with depth of knowledge and commercial spirit.’

‘Riccardo Agostinelli and Daniele Migliarucci  can move quickly, deploy the right level of resources and be laser-focused on execution.’

Key clients

Crédit Agricole


Cassa Depositi e Prestiti


Banca Nazionale del Lavoro


BPER Banca


ICCREA


Banca Monte dei Paschi di Siena


illimity Bank


Green Arrow Capital – Private Debt


RiverRock European Capital Partners LLP


Tenax Capital Limited


Azimut Libera Impresa


King Street Capital Management


Banca Sistema


QuattroR


Compass Banca


DeA Capital Alternative Funds


UniCredit


Banco BPM


Intesa Sanpaolo


Deutsche Bank


BNP Paribas


Banca Ifis


SC Lowy


Clessidra Private Debt


Work highlights


  • Advised a pool of international lenders on the TLA financing to Lutech SpA.
  • Advised Banco BPM, BPER Banca and UniCredit, as arrangers and lenders of a €65m bridge and long-term financing to Industria Italiana Autobus.
  • Advised Aareal Bank, UniCredit and Banca Intesa on the amendment of existing financing agreements with Fondo TVA.

Simmons & Simmons

Well known for Italian leveraged and acquisition financings, Simmons & Simmons's Milan group is regularly involved in deals involving alternative lenders and private debt providers, including through private bond placements through the practice’s banking, regulatory, tax and debt capital markets teams. Davide D’Affronto advises on acquisition, leveraged and cross-border syndicated financings. Nicholas Lasagna assists with a range of financings. Alessandro Elisio and Maria Ilaria Griffo are also experienced practitioners.

Practice head(s):

Davide D’Affronto; Nicholas Lasagna


Other key lawyers:

Alessandro Elisio; Maria Ilaria Griffo; Federico Perego; Fabrizio Nebuloni


Testimonials

Professionalism, experience and great approach.’

‘Relevant professional skills and consistent problem-solving capabilities.’

The team is really skilled and provides proper solutions.

Key clients

Oldenburgische Landesbank Aktiengesellschaft (part of the Apollo Group)


Mediobanca


Intesa Sanpaolo


UniCredit


Banca Nazionale del Lavoro (BNL)


Banco BPM


Deutsche Bank


BNP Paribas


Crédit Agricole Italia


BPER Banca


ICCREA Banca


Banca Ifis


CDP


BFF Bank


Muzinich & Co.


RiverRock European Capital Partners


Pricoa


Clessidra Private Debt


SEA (Società Esercizi Aereoportuali)


Wise Equity


Unifrutti Group


Equinox


IGI Private Equity


IGT


Eni S.p.A.


L Catterton


Patrizia Investment Management


Clessidra SGR


Prysmian Group


A2A


Openjobmetis


Imprima S.p.A.


ING Bank


Industrial and Commercial Bank of China


Hera S.p.A.


MPS Capital Service


Chequers Partenaires


IAF Network


Gnutti Carlo S.p.A.


Studio Legale Cappelli RCCD

Studio Legale Cappelli RCCD harnesses the bench strength of its team to assist clients with margin loans, sustainability-linked loans, structured finance and syndicated loans. Paolo Calderaro advises on structured finance; Alberto Del Din works from both London and Milan; Giuliana Durand assists with real estate, project and acquisition finance; and Morena Bontorin specialises in leveraged finance.

Practice head(s):

Paolo Calderaro; Alberto Del Din


Other key lawyers:

Giuliana Durand; Morena Bontorin; Deborah De Rosa


Testimonials

Adequate number of professionals on deals – efficient and fast delivery of legal documentation.’

‘Distinguished by the innovation and flexibility of the technical and legal solutions proposed for companies’ requirements.’

‘The assistance is always focused and integrates both civil and tax aspects. An additional important characteristic is the timeliness in responding to requests and the constant support, even for day-to-day business.’

‘Morena Bontorin is reliable and expert.’

‘Alberto Del Din’s practice encompasses a broad range of transactions and expertise, displaying deep knowledge of structured finance, restructuring and banking law.’

‘Clients appreciate Alberto Del Din’s ability to think outside of the box and his finding of innovative solutions that take into account the needs of all parties.’

Key clients

York Capital Management Europe (UK)


Cedar Capital Partners


Kryalos SGR S.p.A.


21 Investimenti SGR S.p.A.


Route Capital Partners S.r.l.


Aussafer Due S.r.l.


Hines Italy RE S.r.l.


Yanez SPV S.r.l.


illimity Bank S.p.A.


UniCredit S.p.A.


Cassa di Risparmio di Bolzano S.p.A.


Crédit Agricole Italia S.p.A.


Prelios SGR S.p.A.


Gardant Investor SGR


Linus Re Debt Fund II LEV S.à r.l.


Torre SGR S.p.A.


BPER Banca S.p.A.


Banca Finanziaria Internazionale S.p.A.


Deutsche Bank S.p.A.


Banca Nazionale del Lavoro S.p.A.


Nexi S.p.A.


Poste Italiane S.p.A.


Intesa San Paolo S.p.A.


UniCredit S.p.A.


Banco BPM S.p.A.


Banca Popolare di Sondrio S.p.A.


Credito Valtellinese S.p.A.


CBA Studio Legale e Tributario

CBA Studio Legale e Tributario has extensive experience in shipping, real estate, project and structured finance deals (including LBOs). Leading the banking, finance and insurance practice, Francesco Dialti is ‘the best Italian lawyer in the trade finance sector’, while Daniela Sorgato and Vincenzo Cimmino also both advise on major deals.

Practice head(s):

Francesco Dialti


Other key lawyers:

Daniela Sorgato; Vincenzo Cimmino


Testimonials

‘A preferred Italian law firm for banking and finance.’

‘The team delivers high-quality work and is service-oriented.’

‘It has extensive experience in complex international financing transactions.’

‘CBA is very efficient and, at the same time, more cost-effective than the competition.’

‘Francesco Dialti is the best possible legal adviser at all times.’

‘Francesco Dialti is always available, finds his way into any problem in seconds, and discusses solutions creatively.’

‘In addition to having a lot of experience in other areas of finance, Francesco Dialti is the best Italian lawyer in the trade finance sector.’

‘Francesco Dialti provides excellent value for money and is very strong on cross-border transactions.’

Key clients

Banco BPM


CaixaBank, S.A.


Iccrea Banca


Cassa Depositi e Prestiti S.p.A.


Sparkasse – Cassa di Risparmio di Bolzano


Illimity


SACE


Banca di Credito Cooperativo di Roma


Abanca Corporación Bancaria, S.A.


Cassa Centrale Raiffeisen dell’Alto Adige SpA


Intesa Sanpaolo S.p.A.


National Bank of Greece, S.A.


Work highlights


  • Advising Banco BPM on the €300m standby revolving facility granted to Gestore dei servizi energetici – GSE.
  • Advising the lenders on the Italian law aspects of a $1bn secured term loan.
  • Advising Iccrea and Cassa Depositi e Prestiti on a €30m financing granted to Latteria Soresina.

Gatti Pavesi Bianchi Ludovici

Gatti Pavesi Bianchi Ludovici's ‘highly qualified‘ lawyers in Milan act for lenders on a range of financing arrangements, from leverage financing to structured finance. Marc-Alexandre Courtejoie has extensive experience in lending and structured finance deals, while Andrea Limongelli specialises in banking and finance work, as well as debt restructuring.

Practice head(s):

Marc-Alexandre Courtejoie; Andrea Limongelli


Other key lawyers:

Stefano Motta; Carolina Caslini


Testimonials

‘The team is composed of many lawyers who are highly qualified in banking and finance.’

‘Available and fully committed to meet clients’ needs.’

‘A very complete law firm – able to cover not only banking and finance matters, but also other areas involving tax, structured finance, etc.’

‘The team is deeply committed to performing, even to tight deadlines.’

‘Always available to find the best solution for any problem or issue, particularly Marc-Alexandre Courtejoie and senior associate Carolina Caslini.’

‘Marc-Alexandre Courtejoie and his team are outstanding professionals.’

Key clients

Amundi SGR S.p.A.


AnaCap Financial Partners


BPER Banca S.p.A.


Banco BPM S.p.A.


Banca Capasso S.p.A.


Deutsche Bank S.p.A.


Iccrea Banca S.p.A.


Illimity S.p.A.


Intesa Sanpaolo S.p.A.


UniCredit S.p.A.


Hogan Lovells International LLP

Hogan Lovells International LLP's Italy practice advises on innovative lending transactions, credit products and a range of secured transactions. Carlo Massini advises on real estate, project, acquisition, asset and international trade finance, while Italy business restructuring and insolvency head Mauro Saccani is an April 2023 recruit from Latham & Watkins LLP.

Practice head(s):

Carlo Massini; Mauro Saccani


Testimonials

‘People who are extremely reliable and professional.’

‘Good price/quality ratio and efficient service.’

‘Carlo Massini advises with care and professionalism.’

‘Carlo Massini has deep knowledge of matters – very clear and transparent in his results and explanations.’

K&L Gates

Fully integrated within K&L Gates‘ asset and corporate finance practice, the firm’s Milan team comprises specialists in complex cross-border transactions. Jointly heading the group, Fabrizio Dotti focuses on acquisition, LBO and real estate financings, while Paolo Rusconi‘s practice encompasses debt restructuring deals, in addition to banking and finance matters. Chiara Anceschi was a new arrival in April 2024.

Practice head(s):

Fabrizio Dotti; Paolo Rusconi


Other key lawyers:

Francesco Seri; Mattia Maggioni; Chiara Anceschi


Key clients

Finanziaria Internazionale Investments SGR S.p.A.


UniCredit


Banca Nazionale del Lavoro S.p.A.


US Bank


McDermott Will & Emery Studio Legale Associato

McDermott Will & Emery Studio Legale Associato’s Milan team advises on real estate and acquisition financing, as well as restructuring and commercial lending. Giancarlo Castorino's recent experience includes advising domestic and international lenders on the restructuring of an approximately €250m facility; Francesco Romeo has longstanding finance sector expertise.

Practice head(s):

Giancarlo Castorino


Other key lawyers:

Francesco Romeo; Agata Todarello; Nicolò Perricone


Testimonials

‘The team has top-notch expertise in lending transactions, especially real estate financing.’

‘Giancarlo Castorino is competent and always available to support his clients.’

‘Giancarlo Castorino and his colleague Nicolò Perricone form a perfect team – very professional, capable and committed to delivering high-level services to clients.’

‘Giancarlo Castorino is clever, fast and has great experience, especially in all issues related to finance.’

‘Nicolò Perricone is the rising star of the team.’

Key clients

Intesa Sanpaolo


Gardant SGR S.p.A.


Excellence Logging Finance Limited


Banco BPM


UniCredit S.p.A.


BPER Banca


Natixis


Banco Santander


BNP Paribas


Crédit Agricole


ING Bank


Palamon Capital Partners


Hidden Harbor Capital Partners


National Westminister Bank


Mazda Motor Europe GmbH


Work highlights


  • Advised a large pool of domestic and international lenders in relation to a security package for an approximately €1bn financing for a Qatar Investment Authority- sponsored REIF.
  • Advising Hidden Harbor Capital Partners on the Italian legal aspects of the financing granted by Blue Torch and Wells Fargo for the acquisition of Dayco.
  • Advising National Westminster Bank on the financing (and relevant security package) for the divestment of Italian operations, in relation to the acquisition by Bain Capital and Nextalia of Deltatre.

Osborne Clarke

Acting for large banks, Osborne Clarke's Italy group advises on real estate and green financings, along with alternative structured finance. Andrea Pinto acts for lenders on cross-border transactions; Federica Greggio is a debt finance and restructuring specialist; and Antonio Fugaldi assists with acquisition, leveraged, project and real estate financings.

Practice head(s):

Andrea Pinto


Other key lawyers:

Federica Greggio; Antonio Fugaldi


Testimonials

‘In-depth knowledge of its subjects and specific expertise in various topics.’

‘Strong commitment levels and excellent respect of deadlines.’

‘Accuracy and extremely high-level work standards.’

‘The firm’s strategy combines legal expertise with sector knowledge.’

‘Andrea Pinto is not only a good lawyer on a technical level, he is also very good at providing commercial advice, leveraging on his longstanding experience. He provides strategic views on matters and can offer a range of solutions.’

‘Antonio Fugaldi brings experience and strong expertise. Reliability, immediate availability, a good team worker.’

‘Deep and broad knowledge of both the banking industry and the real estate market.’

‘Able to understand the needs of all the parties involved and find a balanced solution to problems.’

Key clients

Aareal Bank AG


ABN Amro Asset Based Finance N.V.


Azimut Investments S.A.


Azimut Private Capital Management S.à.r.l


Banco BPM S.p.A.


Bayerische Landesbank


Banca Monte dei Paschi di Siena S.p.A.


MPS Capital Services Banca per le Imprese S.p.A.


BNL BNP Paribas (Banca Nazionale del Lavoro S.p.A.)


BPER Banca S.p.A.


Cassa Depositi e Prestiti S.p.A.


Cassa di Risparmio di Bolzano S.p.A.


FMS Wertmanagement AöR


Natixis SA


Prelios S.p.A.


UniCredit S.p.A.


Work highlights


  • Advised ABN Amro Asset Based Finance N.V. on a €125m revolving credit facility.
  • Advised BPER Banca S.p.A. on the provision of €90m green credit facilities for the acquisition, refurbishment and redevelopment of various real estate assets in Milan.
  • Advised Natixis S.A. Milan branch, Unicredit S.p.A., Banco BPM S.p.A. and MPS Capital Services Banca per le Imprese S.p.A., on an extension request concerning a €113m facility agreement.

Pavia e Ansaldo

Operating from its Milan and Rome offices, Pavia e Ansaldo advises financial institutions on acquisition and real estate financings. The practice is particularly experienced in healthcare sector-related finance transactions. Mario Di Giulio advises international banks on structured finance transactions, while Roberto Zanchi and Caterina Luciani also maintain active finance practices.

Practice head(s):

Mario Di Giulio; Roberto Zanchi


Key clients

Banche di Credito Cooperativo


BCC Roma


Unicredit S.p.A.


Banca Generali


Credit Agricole Cariparma


Banco BPM


Deutsche Bank AG


Unicredit Bank Moscow


ICCREA Banca Impresa S.p.A.


Investire SGR


CASSA DEPOSITI E PRESTITI


First Growth Real Estate


WeArena


ViviBanca


Studio Legale Associato a Watson Farley & Williams

Studio Legale Associato a Watson Farley & Williams' banking and finance team advises on the firm’s core sectors, namely energy, transport, infrastructure and real estate. Mario D’Ovidio specialises in energy and infrastructure sector-related project finance; and shipping specialist Furio Samela assists with financings, loan agreements and security packages.

Practice head(s):

Mario D’Ovidio; Furio Samela


Other key lawyers:

Michele Autuori; Matteo Trabacchin; Amelia Garavaglia


Testimonials

‘In recent years, the firm has consolidated its leadership in Italy in the export finance and project finance spaces (in particular energy and shipping).’

‘One of the main strengths of WFW (also compared with other firms) is the continuous involvement of senior members throughout the deal.’

‘The finance team is truly at a high level. Consistently delivers excellent solutions.’

Key clients

HSBC Bank


Intesa Sanpaolo


SACE


Bayerische Landesbank


Crédit Agricole Corporate and Investment Bank


Illimity Bank


Banco BPM


ICCREA Banca – Istituto Centrale del Credito Cooperativo


Deutsche Bank


IDeA CCRII Fund


The Export-Import Bank of China (Cexim)


Work highlights


  • Advised illimity Bank on two loans granted to Kalypso Compagnia di Navigazione to finance the acquisition of a container ship.
  • Advised HSBC Bank Middle East and HSBC Bank on a $300m push facility (guaranteed by the Italian Export Credit Agency) for the Oil and Gas Holding Company B.S.C.
  • Advised Bayerische Landesbank on a €15m multi-tranche loan facility made available to BEE Piemonte.

Studio Professionale Associato a Baker & McKenzie

Studio Professionale Associato a Baker & McKenzie's practice covers syndicated bank financing, acquisition finance, project financing and debt restructuring. The group is led by corporate and structured finance expert Alberto Fornari, who is supported by Giorgio Telarico, an adviser on real estate finance and energy and infrastructure matters.

Practice head(s):

Alberto Fornari


Other key lawyers:

Giorgio Telarico


Key clients

SACE


Banco BPM


Credito Emiliano S.p.A.


Zenith Service S.p.A.


Intesa Sanpaolo S.p.A.


Work highlights


  • Assisted Banco BPM with its loan of approximately €24.3m to G.I.C., Gruppo Italiano Costruzioni for the urban redevelopment of an area of approximately 6,550 square metres in Verona and the construction of a residential complex on the site.
  • Assisted Intesa Sanpaolo with the negotiation of the early termination of a $100m Chinese receivables securitisation programme with a shipping company.
  • Assisted Zenith Service (and the investor) on the disposal by BPER Leasing of commercial real estate involving non-performing loans.

Bird & Bird

Bird & Bird's Italy team routinely acts for banks and financial institutions on both financing and refinancing transactions. The group, which is headed up by energy and utilities sector expert Pierpaolo Mastromarini, is particularly focused on the traditional and renewable energy sectors, including the realisation of public and private works.

Practice head(s):

Pierpaolo Mastromarini


Other key lawyers:

Michele Arruzzolo; Andrea Semmola


Key clients

BPER Banca


Cassa di Risparmio di Bolzano


Work highlights


  • Advised Deutsche Bank AG on the drafting and negotiation of a €120m facility agreement for the refinancing of 58 operational PV plants.
  • Assisted BPER Banca with the project financing for eight photovoltaic plants.
  • Assisted Iccrea Banca with the drafting and negotiation of a €12m facility for the construction of two plants in Sardinia.

CMS

The recent experience of CMS' Italy team includes advising major banks and lenders on financings, refinancings and debt restructuring. Paolo Bonolis is a longstanding banking and finance specialist; Domenico Gaudiello is a well-known public finance expert; and Maria Giovanna Pisani's workload covers corporate, project and real estate finance.

Practice head(s):

Paolo Bonolis


Other key lawyers:

Domenico Gaudiello; Maria Giovanna Pisani; Gianfabio Florio; Domenico Musso


Key clients

Aareal Bank AG


Morgan Stanley


Commerzbank AG – Italian Branch


Intesa Sanpaolo


Barings


La Banque Postale


Beerfin (Heineken Group)


ICBC


Unipol


Illimity


LGT Capital


Curtis, Mallet-Prevost, Colt & Mosle LLP

The banking and finance team in Curtis, Mallet-Prevost, Colt & Mosle LLP's Italian offices specialises in advising financial institutions on high-profile financings. Banking, real estate, structured finance and project financing expert Alfonso de Marco heads up the department. Giovanni SagramosoFilippo Bianchi and Sergio Esposito Farber are also key figures.

Practice head(s):

Alfonso Annibale de Marco


Other key lawyers:

Giovanni Sagramoso; Filippo Bianchi; Sergio Esposito Farber


Key clients

Cassa Depositi e Prestiti S.p.A.


Banca Monte dei Paschi di Siena S.p.A.


MPS Capital Services Banca per le Imprese S.p.A.


UBI Banca S.p.A.


Banco BPM S.p.A.


Intesa Sanpaolo S.p.A.


Crédit Agricole Italia S.p.A.


ICCREA BancaImpresa S.p.A


Work highlights


  • Advised MPS Capital Services Banca per le Imprese on granting Amplia Infrastructures a CapEx loan.
  • Advised MPS Capital Services Banca per le Imprese on the granting of a multi-purpose facility for (among others) the acquisition by Lift 2 of the entire share capital of E.P. Elevatori Premontati.

Greenberg Traurig Santa Maria

Greenberg Traurig Santa Maria's full-service finance practice regularly advises lenders on matters involving multiple jurisdictions. It is particularly active in real estate financings and NPL work. Group head Corrado Angelelli covers corporate, leveraged and structured finance, as well as restructuring. Alessio Gerhart Ruvolo is also a key practice member.

Practice head(s):

Corrado Angelelli; Alessio Gerhart Ruvolo


Other key lawyers:

Davide Bonsi; Antonio Enrico Izzi


Testimonials

‘Good team harmony and collaboration.’

‘Always present and available to manage problems, and able to manage stressful situations.’

‘The team is characterised by the experience of its professionals, the knowledge shown of various legal issues and the availability and attention to the client.’

‘The work done is always good and on time.’

‘Great flexibility and quality versus pricing, and great availability to support clients.’

‘A very comprehensive approach to loan agreements, NPLs and special situations.’

‘Corrado Angelelli: from the very first moment, he makes himself available to clear up any legal questions raised.’

Antonio Enrico Izzi is a well-regarded professional in the industry who provides a unique mix of knowledge and availability.

Key clients

Rhize Capital


DDM


EQT Exeter


Threestones Capital


SFO Capital Limited


Kervis SGR


AMCO


J-Invest


Crif


Creditis Servizi Finanziari


Solution Bank


Work highlights


  • Advised Wingspire Capital LLC and several lenders on the financing to support the GTT Group, further to the closing of the Chapter 11 procedure opened by the American holding company of GTT Group.
  • Advised Rhize Capital on a financing to be granted to two Italian closed-end real estate funds for the acquisition and development of two student housing buildings in Milan.
  • Advised Solution Bank on a mortgage loan financing in favour of certain entities of the Leolandia Group.

Herbert Smith Freehills

Herbert Smith Freehills' Italian practice acts on major acquisition, export and real estate financings, as well as syndicated lending, corporate loans, and asset, project and leasing financing. Other notable areas are commodity trade finance, venture loans and fund finance. Team head Simone Egidi was promoted to partner in April 2023.

Practice head(s):

Simone Egidi


Key clients

Macquarie Bank Ltd.


ING Bank


Intesa Sanpaolo


Crédit Agricole Corporate and Investment Bank


BPER Banca S.p.A.


SMBC EU


UniCredit


CAIXA


BBVA


Santander


BPM


ICCREA Banca S.p.A.


BBC Roma


Mediobanca


Treezor


Sabadell


BNP Paribas


Societe General


Natixis


Work highlights


  • Advised BNP Paribas, UniCredit and other lenders on the €600m acquisition financing for the $1.35bn acquisition by Perfetti Van Melle of Trident (and other brands) by Mondelez International.
  • Advised a pool of lenders (including BBVA, Caixa, Sabadell and debt funds) on the €300m financing of the Barbel Corporate Services group for its international expansion, including in Italy.
  • Advised ING Bank and AOT on the negotiation and execution of a major out-of-court creditors’ agreement (signed pursuant to Article 11(c) of 2021’s Legislative Decree 118).

Jones Day

Jones Day‘s Milan-based team advises on a broad range of cross-border banking and financial transactions. Francesco Squerzoni advises lenders on acquisition and real estate financings, while Marco Frattini focuses on structured finance, NPL acquisitions, and real estate financing. Another key figure, Andrea Cantarelli‘s practice includes real estate finance. Giuseppina Pagano was promoted to partner in January 2024.

Practice head(s):

Francesco Squerzoni; Marco Frattini


Other key lawyers:

Andrea Cantarelli


Testimonials

Clients appreciate their straight, open, competent, commercial and problem-solving approach, which is embodied by both partners and associates.’

‘They never fail to deliver and are the type of counsel clients want to have by their side.’

‘The team has unique knowledge of the Italian leasing credit market, making it able to structure deals while taking into account regulatory, tax and civil law issues.’

‘Francesco Squerzoni and Marco Frattini provide a comprehensive service, enriched by their knowledge of the peculiarities and objectives of their clients, including a strong focus on ethical and reputational issues.’

‘Francesco Squerzoni combines technical and market knowledge with commercial acumen, availability and a good attitude.’

‘Francesco Squerzoni and Andrea Cantarelli are always very proactive and very prepared.’

Key clients

UniCredit


AnaCap Financial Europe SA SICAV-RAIF/AnaCap Credit


Banca Akros


Banco BPM


Credit Agricole CIB


Credit Agricole CIB Milan


Deutsche Bank AG


ING Bank N.V., Milan Branch


Work highlights


  • Advised illimity Bank on the purchase of two portfolios of non-performing receivables.
  • Advised Crédit Agricole Corporate and Investment Bank, Milan branch, on a facilities agreement for up to €138m.
  • Advised the Bank of America Europe Designated Activity Company and Banco BPM on a €85.2m facility for Felix S.r.l., an Italian SPV.

Nunziante Magrone

Nunziante Magrone‘s Rome-based banking and financing practice is mandated by lenders and arrangers on corporate lending, acquisition finance, real estate financing and debt restructuring. Alessio Lombardo heads the team, which includes banking and financial regulation specialist Priscilla Merlino, who assists with the firm’s banking, finance and debt restructuring deals.

Practice head(s):

Alessio Lombardo; Priscilla Merlino


Other key lawyers:

Corrado Rosano


Orrick, Herrington & Sutcliffe

Orrick, Herrington & Sutcliffe's Italian offices have a strong track record in lending and structured finance transactions. Marina Balzano assists banking groups with leveraged, acquisition, corporate and real estate finance; and Giulio Asquini is a cross-border finance specialist. Former head of the firm’s Italy banking and finance department, Patrizio Messina, departed the firm in February 2024.

Other key lawyers:

Marina Balzano; Giulio Asquini


Testimonials

Deep knowledge of financial sponsors, world-level competence, and great delivery, capacity and support.’

Very prepared and efficient team, and always available.

Complete professionals.

‘Marina Balzano has very wide knowledge of this area and very good relationships within the banking and financial sponsor world.’

‘Giulio Asquini is very sharp and a guarantee for delivery on time. Also super-supportive during and after closing.’

Key clients

CAPZA


Eurazeo Investment Manager


Ver Capital SGR


Piraeus Bank S.A.


Banco BPM


Crédit Agricole


Deutsche Bank


Intesa Sanpaolo


Natixis S.A. – Milan Branch


UniCredit


illimity Bank


Cassa Depositi e Prestiti


Banca IFIS


Banca Monte dei Paschi di Siena


Riello Investimenti SGR


Banca Sistema


BNP Paribas


BPER Banca


Banca Sella


JPMorgan


Work highlights


  • Assisted BPER Group with its deleveraging strategy through the securitisation of the bank’s portfolios of loans (classified as unlikely to pay).
  • Assisted the private debt arm of CAPZA, a mid-market French direct lender, with a lending transaction in Italy.
  • Assisted a banking syndicate, consisting of Crédit Agricole (as facility agent and lender), Banca Monte dei Paschi di Siena, Banco BPM, BPER Banca, and Cassa Depositi e Prestiti (as lenders) with a €126m senior and sustainability-linked loan provided to RDM Group for the acquisition of Fiskeby International Holding.

Shearman & Sterling LLP

Shearman & Sterling LLP's Italy team assists lenders with a range of banking transactions, including leveraged, acquisition, real estate,and project financings, along with export finance, and green and ESG financings. The team is co-led by Giulio Tognazzi, who ‘demonstrates impressive problem-solving skills', and banking and finance specialist Pasquale Bifulco.

Practice head(s):

Giulio Tognazzi; Pasquale Bifulco


Testimonials

‘Shearman & Sterling provides excellent legal assistance to banks.’

An international professional firm with broad and heterogeneous skills at the highest level.

Professional, qualified and always available.