Banking and finance: Borrower side in Italy

BonelliErede

BonelliErede‘s borrower practice ranges from acquisition, corporate, property and structured finance, to restructuring and regulatory issues. It is also sought out for its Italian banking law experience in public bids and takeover financings, along with LBOs. Emanuela Da Rin heads up the bank focus team, Giuseppe Sacchi Lodispoto is a loan transaction expert, and Catia Tomasetti is project finance group head. The second line of partners features Antonio La Porta and Gabriele Malgeri, while Giovanni Battaglia and Federico Cocito are experienced managing associates. Giorgio Frasca was recently nominated partner.

Other key lawyers:

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

Testimonials

‘The team is characterised by high levels of professionalism and reliability.’

‘The practice has a high profile within both the industry and the legal market – deep knowledge and long-time experience.’

‘The team is able to anticipate potential problems, and provides remedies and solutions to investors.’

‘The team is flexible and has a strong client-centred approach – reliability and deliverability of results characterise the team’s qualities.’

The team has a strong reputation among law firms and a long track record, which means that nothing is new to it and the group always has a solution for the client.’

‘Catia Tomasetti is nominated for her legal acumen, and ability to combine both legal and business aspects. It is imperative to have an advisor who understands the needs of business, and interprets them to protect the interests of entrepreneurs and companies.’

‘Catia Tomasetti and Giorgio Frasca make this practice unique. Availability, flexibility and fast responses characterise the approach.’

‘Giorgio Frasca has great professionalism and reliability – he is always available, even for the most complex situations.’

Key clients

Alia Servizi Ambientali

Autostrada Pedemontana Lombarda

ContourGlobal

PLT Energia

Terna

Toto Group

Work highlights

  • Advised Fabbrica Italiana Lapis ed Affini on the signing of a contractual agreement governing a medium/long-term financing transaction.
  • Advised Alia Servizi Ambientali (as borrower and issuer) on the financing of its business plan and the refinancing of financial indebtedness.
  • Advised Autostrada Pedemontana Lombarda on the financing for the engineering, construction, and maintenance of toll road Pedemontana Lombarda.

Chiomenti

Chiomenti is a go-to firm for acquisition, corporate and real estate financings, along with refinancing. Gianrico Giannesi is a structured finance specialist, whereas Gregorio Consoli focuses on transactions involving financial entities. Giorgio Cappelli‘s career includes working at Banca di Roma and Marco Cerritelli is ‘an incredible leader‘. Also highly rated are energy and infrastructure project finance expert Carola Antonini, Luca Bonetti, who assists with real estate finance, and finance transactions specialists Antonio Tavella and Giulia Battaglia. Riccardo Rossi is a recently-promoted partner, while Andrea Martino is an experienced senior associate.

Practice head(s):

Gianrico Giannesi

Other key lawyers:

Gregorio Consoli; Giorgio Cappelli; Marco Cerritelli; Antonio Tavella; Giulia Battaglia; Carola Antonini; Luca Bonetti; Riccardo Rossi; Andrea Martino; Giada Caravello; Giulia Alessio

Testimonials

‘The firm’s impressive expertise and dedication always make the difference in terms of reaching goals.’

‘Great negotiation skills for fair market fees.’

‘Its approach aims for excellence every time.’

‘Marco Cerritelli is an incredible leader – a top player when it comes to dealing with different stakeholders with natural efficiency.’

‘Marco Cerritelli’s ability resides in choosing the right colleagues for every aspect of the legal side.’

‘Availability and competence from Antonio Tavella and managing counsel Giada Caravello.’

‘Associate Giulia Alessio provides added value, and is an incredible asset when it comes to finding innovative solutions and unconventional angles while deciding the strategy to pursue.’

Key clients

Ansaldo Energia

BC Partners

Casavo

CDP RETI

Coima RES

De Fonseca

Deutsche Bank

EI Towers

Enel

Eurocommercial Properties Italia

F2i

Fincantieri

Hines Italia

IGD SiiQ

Investindustrial

Lio Capital

Kervis SGR

KPS Capital Partners

Nexion

Pusterla 1880

Saipem

Savills Investment Management SGR

Sipcam Oxon

SIT

Unicoop Tirreno

Unipol Sai Assicurazioni

Università Cattolica del Sacro Cuore

Work highlights

  • Advised Saipem on a capital and financial strengthening-related transaction.
  • Advising SIT on the signing of a five-year term loan.
  • Advised the ION Group on financing transactions, which related to a voluntary tender offer on all of Cerved Group shares.

Clifford Chance

Clifford Chance‘s practice fields a go-to team for finance transactions, including investment grade, and acquisition and export finance deals. It also assists with syndicated loans and debt restructuring transactions. Banking and finance specialist Giuseppe De Palma leads the practice, which features Charles Adams, a veteran Italian and cross-border banking practitioner, investment funds and regulatory head, Lucio Bonavitacola and Ferdinando Poscio, who acts on leveraged finance and restructuring. The counsels to note are Riccardo CoassinFilippo TassoniFrancesca Cuzzocrea, and recently promoted Chiara Commis. Paolo Ballerini is a key senior associate.

Practice head(s):

Giuseppe De Palma

Other key lawyers:

Charles Adams; Lucio Bonavitacola; Ferdinando Poscio; Riccardo Coassin; Filippo Tassoni; Francesca Cuzzocrea; Chiara Commis; Paolo Ballerini

Testimonials

‘The team is collaborative and goal oriented.’

‘Extremely solid expertise, experience and professionalism, and manages matters with care, attention and flexibility.’

‘A remarkably efficient service, outstanding transparency and clear communication.’

‘Always promotes fee certainty and transparency, along with specific details on how they staff, execute, track and bill for the services provided.’

‘Ferdinando Poscio and counsel Chiara Commis are outstanding professionals, who always offer the best solution for different and complex issues.’

‘Ferdinando Poscio and Chiara Commis analyse each issue in a personalised way, while offering continuous and timely assistance during the borrowing process, in particular helping to manage the relationship and discussions with lenders and other law firms involved.’

‘Ferdinando Poscio and Chiara Commis demonstrate extremely high levels of preparation and professionalism.’

‘Counsels Francesca Cuzzocrea and Chiara Commis are very competent problem solvers.’

Key clients

Cassa Depositi e Prestiti

Infrastructure Investment Fund

Intesa Sanpaolo

Leonardo

Macquarie Infrastructure and Real Assets

Milione

Pirelli

SACE

The Student Hotel

UniCredit

Work highlights

  • Advised Pirelli on a €1,6bn term and revolving facility agreement with ESG features.
  • Assisted Leonardo with the signing of a new revolving credit facility.
  • Advised The Student Hotel on securing €145m social and environmental impact financing for the development of two new locations in Italy.

Gianni & Origoni

In addition to excelling at refinancing and restructuring work, Gianni & Origoni‘s sizeable practice has a strong track record in real estate finance, ESG-linked transactions, green deals, and acquisition and structured finance. The practice co-heads are domestic and international financing deal specialist Matteo Bragantini, Giuseppe De Simone, who ‘makes clients feel safe during transactions‘, and energy and infrastructure project financing expert, Ottaviano Sanseverino. Other active partners are Matteo Gotti and Eduardo Fiordiliso, while Claudia Lami is the counsel to note. Arrigo ArrigoniIlaria Laureti and Piergiorgio Picardi are recently-elevated partners.

Other key lawyers:

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

Testimonials

‘Really stands out for both its deep theoretical and practical knowledge, as well as the team’s outstanding negotiation skills.’

‘Innovations have occurred in the firm’s IT department, which have improved online meetings and reduced the environmental impact.’

‘Giuseppe De Simone is admirable for his total availability, client-oriented attitude, and strong negotiation skills – makes clients feel safe during transactions.’

Key clients

Atlantia

ContourGlobal

Ferrovienord

FiberCop

Generali Real Estate

Infrastrutture

Intesa Sanpaolo

Ital Gas Storage

Magnaghi Group

Prelios SGR

Salcef Group

Terna

Whysol Investments

Work highlights

  • Assisted FiberCop with the negotiation of a loan agreement for € 1.5bn.
  • Advised Marcegaglia Steel on a 6-year €1bn facility agreement granted by a pool of Italian and foreign banks.
  • Assisted Tages Capital SGR with a bridge financing and a subsequent refinancing, which related to the acquisition (through its investment fund Tages Helios II) of a portfolio of operational solar plants.

Legance - Avvocati Associati

Legance - Avvocati Associati‘s expertise covers leveraged, acquisition, mezzanine, project and real estate financing. It also assists with syndicated loans, debt restructurings and securities-related lending transactions. The group is jointly led by Monica Colombera, an energy and infrastructure project finance specialist, and Andrea Giannelli, whose practice includes structured finance transactions. Other experienced partners are Emanuele EspositiLuca Autuori and Guido Iannoni Sebastianini, as well as Filippo RuffatoGiovanni SciroccoGiandomenico CiaramellaAntonio Palazzolo and Tommaso Bernasconi. The senior counsels to note are Simone AmbrogiFrancesca Brilli and recently-promoted Emanuele Artuso.

Practice head(s):

Andrea Giannelli; Monica Colombera

Other key lawyers:

Emanuele Espositi; Luca Autuori; Guido Iannoni Sebastianini; Filippo Ruffato; Giovanni Scirocco; Giandomenico Ciaramella; Antonio Palazzolo; Vittorio Pozzi; Iacopo Fontana; Tommaso Bernasconi; Simone Ambrogi; Francesca Brilli; Emanuele Artuso; Antonio Matino; Antonio Siciliano

Testimonials

‘High-quality work and extraordinary experience in the energy sector.’

‘Great for the team’s extraordinary commitment and standing.’

Key clients

ASTM

Bluefield Partners

Castello SGR

Credem Private Equity SGR

EF Solare

Enel

E.Va. Energie Valsabbia

F2i – Fondi Italiani per le Infrastrutture

Green Arrow Capital

NextEnergy

Nexi

Oaktree

REAM SGR

SACE

Scannell Properties Italy 2

Somec

Sonnedix

Sorgenia

Tages

Tonello Energie

Zouk Capital

Work highlights

  • Assisted Blackstone (member of a consortium formed with CDP Equity and Macquarie Infrastructure and Real Assets) with the financing for the acquisition of Autostrade per l’Italia from Atlantia.
  • Assisted Nice (active in solutions for smart home, security and home and building automation) with the financing for the acquisition of Nortek Security & Control and the refinancing of Nice’s existing financial indebtedness.
  • Assisted AE Sun Capital with the structuring of a loan of over €190m, which was intended (among others) for the purchase of a photovoltaic holding company.

Linklaters

The expertise of Linklaters‘ Italy banking and finance group ranges from restructuring and financial structuring, to acquisition, leveraged, syndicated, export, asset and real estate finance. Italian banking and finance head Andrea Arosio acts for financial sponsors and principal investors on acquisition, leveraged and real estate financings, debt restructuring and general lending. Francesco Faldi is Italy restructuring and insolvency head, while Ettore Consalvi and Tessa Lee are also key partners. The counsels to note are Alessandra Ortelli and recently elevated Diego Esposito, while Lilia Maria Lani is a senior managing associate.

Practice head(s):

Andrea Arosio

Other key lawyers:

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

Key clients

Gilde Buy-Out Partners

Almaviva

Sixth Street

Gruppo Barletta

Devone

Bain Capital Credit

Armònia SGR

White & Case (Europe) LLP

White & Case (Europe) LLP‘s wide-ranging expertise covers leveraged finance, syndicated and real estate loans, asset and export finance, private debt, and mezzanine and hybrid debt. Giuseppe Barra Caracciolo is a banking and finance expert, Iacopo Canino is a leveraged finance specialist and Gianluca Fanti focuses on distressed asset disposals and acquisitions. Also highly regarded, Andrea Novarese has a broad finance practice, while local partner Francesco Scebba advises on financing and special situations. Bianca Caruso and Tiziana Germinario are recently-promoted local partners, and Stefano Bellani is an experienced senior associate.

Practice head(s):

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

Other key lawyers:

Stefano Bellani

Testimonials

‘A very good team.’

‘Good knowledge of Italian practices – proactive during negotiations, and good at identifying the main points of discussion while proposing solutions. The team is also very well connected.’

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

JP Morgan

Mediobanca

Morgan Stanley

Natixis

Rabobank

UniCredit

Banca IFIS

Banca Nazionale del Lavoro

Banco BPM

Banco di Sardegna

BPER Banca

Cassa Risparmio di Asti

Cassa di Risparmio di Bolzano

Credito Fondiario

Crédit Agricole Italia

Illimity Bank

Acciaieria Arvedi

Adler Pelzer

Alha Holding

Ali Group

Amplifon

Antares Vision

ASTM

Atlantia

Autogrill

Autostrade per l’Italia

Balmain

Barilla

Burgo Group

Caprari Group

Casa Vinicola Zonin

Cedacri

CPL Concordia

Data4

Datalogic

Edizione

Edizione Real Estate

Enel

Esselunga

Fingen

Fratelli Beretta

Gemmo

GVS

Hippocrates Holding

Impresa Medica (Villa Benedetta Group)

Infrastrutture Wireless Italiane

Isoclima

Italiaonline

Irgenre Group

Kedrion

Libero Acquisition

Milanosesto

Modes

Mondodelvino

OMA

Open Fiber

Piaggio & C

Pinarello

Piovan

Proma Group

Recordati

Salini

Scalve

SIA

Sirti

TeamSystem

Tecnica Group

Valentino

Apollo Global Management

BlackRock

Blackstone CreditBrookfield

Carval Investors

GIC

Magnetar

Muzinich & Co

Oak Hill Advisors

Oaktree Capital Management

Pemberton Asset Management

Springrowth

Starwood Capital

The Carlyle Group

Tikehau Capital

VER Capital

York Capital Management

21 Investimenti

Antin Infrastructure Partners

BC Partners

Clessidra

Cobepa

CVC Capital Partners

Centerbridge

Trilantic

Peak Rock Capital Partners

Peninsula Capital

Platinum Equity

Progressio SGR

Triton

VER Capital

VGO Capital Partners

White Bridge Investments

21 Investimenti

Work highlights

  • Advised Open Fiber on its €7bn financing.
  • Advised Ali Group on a financing including a €1bn-plus term loan facility, a $2.25bn term loan facility, a $250m revolving credit facility, and a $750m bridge facility.
  • Advised Apeiron Management, and funds managed by affiliates of Apollo Global Management, on a transaction with Illimity Bank, comprising the sale and subsequent refinancing of a portfolio of construction claims.

Dentons

Dentons‘s practice specialises in leveraged, real estate, corporate, project and fund financing, along with structured finance, refinancing and private debt. Alessandro Fosco Fagotto leads the Italy banking and finance practice, which includes Giovanni Diotallevi, who focuses on the infrastructure, transportation, energy, telecoms and water sectors, and experienced managing counsel Andrea De Luca Picione. Growth at partner level includes the November 2022 hire of banking and finance expert Luigi Costa from Norton Rose Fulbright, and the July recruitment of real estate finance specialist Pierandrea Bonali from McDermott Will & Emery Studio Legale Associato.

Practice head(s):

Alessandro Fosco Fagotto

Other key lawyers:

Giovanni Diotallevi; Andrea De Luca Picione; Luigi Costa; Pierandrea Bonali; Franco Paolo Gialloreti

Testimonials

‘Solid understanding of clients’ needs – a highly trained team that is available for every request and is proactive in finding effective solutions.’

‘Ability to identify with the client’s needs and collaborate like a company employee.’

Firmly rooted in partnering rather than mitigating, they find commercial advantages for both clients and counterparties.

‘Great ability to achieve goals while respecting the timescale agreed.’

Great vision and approach.

‘With Alessandro Fosco Fagotto, the best partner in Milan for acquisition financing, and managing counsel Franco Paolo Gialloreti, everything goes smoothly.’

‘Alessandro Fosco Alessandro Fagotto and Franco Paolo Gialloreti continuously demonstrate high-level skills.’

‘‘Alessandro Fosco Alessandro Fagotto and Franco Paolo Gialloreti’s extreme availability and promptness in providing clients with support are fundamental characteristics when choosing an adviser.’

Key clients

Snam

Merope Asset Management

Cassa Depositi e Prestiti

CDP Reti

Fort Partners

Barings Real Estate

Savills Investment Management SGR

BNP Paribas REIM Italy SGR

Enige

Motorola Solutions

Macquarie

Anas

Work highlights

  • Assisted CDP Reti with the €750m short-term bridge loan granted by a pool of major banks.
  • Assisted Engie with a €105m green loan (granted on a non-recourse basis by a pool of lenders comprising Cassa Depositi e Prestiti, Bnp Paribas and Société Générale).
  • Assisted Fort Partners with the financing for the acquisition of Palazzo Marini 3-4 in Rome.

DLA Piper

DLA Piper‘s banking and finance practice is part of its Italy finance, projects and restructuring department, led by corporate finance and structured finance expert Luciano Morello. The group also comprises Antonio Lombardo, who has significant finance law experience, acquisition and project finance expert Federico Zucconi Galli Fonseca, and energy project finance practitioner Giovanni Ragnoni Bosco Lucarelli. Other key partners are Ugo Calò, Giuseppe MeleGiampiero Priori and Chiara AnceschiClaudio D’Alia is an experienced legal director, while Riccardo Pagotto and recently-promoted Pietro Paolo D’Ippolito are lead lawyers.

Practice head(s):

Luciano Morello

Other key lawyers:

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

Testimonials

‘The team is extremely competent and prepared to offer clients tailor-made solutions quickly.’

‘DLA Piper’s banking and finance practice is flexible in relation to clients’ needs.’

‘Compared to other firms, it is worth noting the ability to offer assistance with other areas, such as tax and real estate.’

‘The banking and finance practice is structured to provide specialised assistance, but with an overall perspective on the client’s needs and characteristics.’

‘The team is well-structured in relation to the needs of the deal, including both routine matters and more sensitive issues – responsive and able to handle urgent requests.’

‘Giampiero Priori immediately understands the issues submitted and finds the right perspective – demonstrates solid experience in the sector, and is always up to date on industry news.’

‘Giampiero Priori is a brilliant professional, always available, and engaged on transactions with a proactive attitude.’

‘Legal director Ivano Sproviero is truly incredible – super hard-working, fun to work with, and just brilliant at his job.’

Key clients

Hitachi Rail STS

COIMA SGR

Midas International Asset Management

Hines

MARK

Novellini Group

Feralpi Group

Aeroporto di Bologna

Prelios

Do Value

Euromont Shipping Company

Colliers Global Investors Italy SGR

Lynx

IVPC Power 6

Calabria RE

Savills

Work highlights

  • Assisted Hitachi Rail STS (as a member of a consortium) with negotiating the financial documents for the Ontario Line rail transit project.
  • Assisted COIMA with the €173.5m financing granted by Unicredit and BPER Banca to the Porta Nuova Centrale fund (managed by COMA SGR).
  • Assisted Midas International Asset Management with the senior financing for the acquisition of a large logistics property in Bergamo.

Gattai, Minoli, Partners

Gattai, Minoli, Partners‘ banking and finance practice advises financial sponsors and corporations on lending and financing transactions (both at domestic and cross-border levels). Gaetano Carrello‘s workload includes finance and restructuring matters, meanwhile Lorenzo Vernetti assists with banking and debt restructuring work, along with, acquisition, leveraged, investment grade and real estate finance. Emanuela Campari Bernacchi is structured finance head, while Valentina Lattanzi advises on NPLs, fintech and inventory financings. In late 2021, former Ashurst counsel Gian Luca Coggiola and Shearman & Sterling LLP associate Gaetano Petroni, joined as partner and counsel, respectively.

Practice head(s):

Gaetano Carrello; Lorenzo Vernetti

Other key lawyers:

Emanuela Campari Bernacchi; Valentina Lattanzi; Gian Luca Coggiola; Federico Tropeano; Gaetano Petroni

Testimonials

‘Great team and very user friendly.’

‘Lorenzo Vernetti is excellent.’

Latham & Watkins LLP

Latham & Watkins LLP‘s Italian ‘banking and finance department is one of the best around‘. Acting for private equity firms and corporate borrowers, the team advises on corporate lending, debt restructuring, and acquisition and leveraged finance. Marcello Bragliani is the recently-appointed regional chair of the firm’s finance department in Europe, and Antongiulio Scialpi is experienced in the financing of public to private transactions. The practice also includes Alessia De Coppi, who handles a broad range of banking and finance work.

Practice head(s):

Marcello Bragliani

Other key lawyers:

Antongiulio Scialpi; Alessia De Coppi; Erika Brini; Davide Camasi

Testimonials

‘Latham’s banking and finance department is one of the best around, and was of great help during an investment transaction conducted on behalf of a fund.’

‘Has a very practical approach and is very supportive during negotiations with banking pools.’

‘Marcello Bragliani has been very careful in staffing a strong team with different levels of seniority and experience.’

‘Associate Erika Brini was crucial during the handling of a very complex transaction with several banks – she has shown both deep knowledge of various matters and the ability to liaise with several different counterparties.’

‘Associate Davide Camasi is very young but, at the same time, very attentive when handling complex matters, and very quick in his responses – provides viable and efficient solutions to issues.’

Key clients

Partners Group

Comdata Group

B.u. Italy

Goldman Sachs

Mediobanca

Fabbrica Italiana Sintetici

JP Morgan SE

CVC Capital Partners

BayWa

Colacem

Gamma BidCo

UniCredit

Intesa Sanpaolo

International Design Group

PAI Partners

Marcolin

BNP Paribas

Molinari Agostinelli

Molinari Agostinelli‘s banking and finance team acts for both Italian and foreign industrial companies (and investment funds) on acquisition, property, corporate and structured finance. It also has niche expertise in sport finance deals. The group is co-led by banking law and insolvency specialist Riccardo Agostinelli, and Alessandro Fontana, who advises on financing and structured finance transactions. At name partner level, Ugo Molinari‘s practice includes acquisition and structured finance, and corporate and debt restructuring, while Andrea TaurozziMarco Leonardi and Daniele Migliarucci are key banking and finance salary partners.

Practice head(s):

Riccardo Agostinelli; Alessandro Fontana

Other key lawyers:

Ugo Molinari; Andrea Taurozzi; Marco Leonardi; Daniele Migliarucci; Giacomo Colombo

Key clients

Impresa Pizzarotti

Valvitalia

Stirling Square Capital Partners

Isoclima

Ambrosi

Europa Risorse

AIRE Hotel Florenz

Gruppo Saviola

Barbieri & Tarozzi Holding

HHLA PLT

Ecornaturasì

AG Digital Media

QuattroR/Fagioli

Work highlights

  • Advised Impresa Pizzarotti on the rescheduling of the group’s financial indebtedness.
  • Advised Valvitalia Group on the rescheduling of the Valvitalia Group’s financial indebtedness.
  • Advised sponsor Stirling Square Capital Partners (and its portfolio company Isoclima) on a super-senior working capital financing.

ADVANT Nctm

ADVANT Nctm‘s banking and finance practice is particularly focused on project finance (including PPP deals), in addition to acquisition, leveraged, corporate, real estate and shipping finance transactions. Other key areas are regulatory matters, debt restructuring, and green and sustainable finance. Practice head Stefano Padovani is a banking and financial services expert, Giovanni de’ Capitani di Vimercate focuses on acquisition finance and debt restructuring, while Eugenio Siragusa is a project finance specialist.

Practice head(s):

Stefano Padovani

Other key lawyers:

Alfredo Lizio; Roberto de Nardis di Prata; Giuseppe Buono; Martina Marmo; Matteo Gallanti; Riccardo Sallustio

Testimonials

‘Professionals who are very competent and available at any time – good value for money.’

Key clients

IDeA Taste of Italy

Armira

Auctus Capital Partners

BIC Capital & QCapital

Arcadia SGR

FGI

Enoflex

REAM SGR

Savills IM SGR

Arcadia SGR

Palladio Holding

Gyrus Capital

Gradiente SGR

FGI Worlwide

Fratelli d’Amico Armatori

Work highlights

  • Advised Fratelli d’Amico Armatori on two term loans granted by Illimity Bank.
  • Assisted Armira, a German holding group, with an acquisition finance deal.
  • Assisted Living 2.0, an Italian real estate closed-end alternative investment fund, with a deed of amendment for a €58.9m facility agreement granted by UniCredit for the acquisition and development of a student house near Milan’s Bocconi University.

Ashurst

Ashurst‘s Milan-based practice acts for borrowers on acquisition, leveraged, asset, real estate and development finance. Other areas are telecoms, infrastructure and project finance, along with corporate lending, debt restructuring, and trade and receivables finance. Mario Lisanti advises international investors on the financing of credit funds, Carloandrea Meacci is energy and infrastructure leader, and Umberto Antonelli focuses on project finance. Counsel Luca Maria Chieffo was recently hired from Clifford Chance.

Practice head(s):

Mario Lisanti

Other key lawyers:

Carloandrea Meacci; Umberto Antonelli; Luca Maria Chieffo

Testimonials

Carloandrea Meacci is a very good lawyer.

Key clients

Barings

Basalt Infrastructure Partners LLP

BentallGreenOak

Cero Generation

Irideos

Korea Investment Management

Work highlights

  • Advised SIS Consortium (and special purpose vehicle SPN) on a €440m bridge financing, and a subsequent €518m project bond refinancing, which related to the takeover of the concession for the operation of the A3 (Naples-Pompei-Salerno) toll road.
  • Advised Basalt Infrastructure Partners on the €150m green loan refinancing of the solar portfolio in Italy of Basalt Infrastructure Partners II GP.
  • Advised Irideos on the financing for the development of a new data centre.

Gatti Pavesi Bianchi Ludovici

Gatti Pavesi Bianchi Ludovici leverages fund, regulatory and restructuring credentials for private debt and credit investment transactions. The team is co-led by recently-named equity partner Marc-Alexandre Courtejoie, who advises on special situations, private debt, and leveraged and project finance, alongside banking, finance and debt restructuring specialist, Andrea Limongelli. At associate level, Stefano Mottahas excellent knowledge‘, while Carolina Caslini focuses on banking and structured finance.

Practice head(s):

Marc-Alexandre Courtejoie; Andrea Limongelli

Other key lawyers:

Stefano Motta; Carolina Caslini

Testimonials

‘A team that is extremely present throughout negotiation phases with banks.’

‘Able to give great technical and tactical support.’

‘Extremely good from a technical point of view, and careful and punctual with the documentation produced.’

‘Ability to cooperate with clients on any aspects of the deal (including practical and operational aspects) – constant availability and experience.’

‘Strong collaboration and 24/7 availability.’

‘Marc-Alexandre Courtjoie is appreciated for how he guides his team through all stages of negotiations, and he is always available at any time of the week. Associate Carolina Caslini also deserves a mention – she handled the closing of the deal with great efficiency, precision, and punctuality.’

‘Competencies, cooperation and knowledge of the needs of all parties – particularly Andrea Limongelli and senior associate Stefano Motta, who were outstanding.’

‘Stefano Motta has excellent knowledge of the real estate sector, great accuracy, and client focus.’

Key clients

Alessi

Alpitour

B Group

Diasorin

Exacta Group

Nextalia SGR

Orsero

SECO

Stilo Immobiliare Finanziaria

TIM

Zoppas Industries – IRCA

Pedersoli Studio Legale

Assisting with all aspects of Italian and international financing transactions, Pedersoli Studio Legale‘s banking and finance group has a strong track record in acquisition, corporate and real estate financing. Practice head Maura Magioncalda acts for private equity funds and industrial groups on a range of financings, as well as debt restructuring. Banking and finance transactions experts, Consuelo Citterio and Alessandra De Cantellis, provide further partner-level support on borrower-side work.

Practice head(s):

Maura Magioncalda

Other key lawyers:

Consuelo Citterio; Alessandra De Cantellis

Key clients

DiaSorin

Prometeon Tyre Group

Bregal Unternehmerkapital

Voilàp Holding

Inalpi

Calligaris

F2i SGR

Alpha Private Equity

Gyrus Capital

Viridis

Work highlights

  • Assisted DiaSorin with a facilities agreement for the acquisition of Luminex Corporation.
  • Assisted Prometeon Tyre Group with the subscription of a sustainability-linked loan for an aggregate value of €350m.
  • Advised F2i on refinancing and CapEx facilities made available to Althea Group.

Simmons & Simmons

Simmons & Simmons‘ Italy practice covers acquisition financing, along with matters involving alternative lenders and private debt providers. The group is jointly led by Davide D’Affronto, whose borrower-side client base includes private equity funds, investors and corporations, and Nicholas Lasagna who assists with corporate acquisition finance, corporate loans, and real estate finance. Alessandro Elisio is the of counsel to note, while managing associate Maria Ilaria Griffo is ‘undoubtedly an outstanding lawyer‘.

Practice head(s):

Davide D’Affronto; Nicholas Lasagna

Other key lawyers:

Alessandro Elisio; Maria Ilaria Griffo; Mario Orsenigo; Fabrizio Nebuloni

Testimonials

‘The service carried out by Simmons & Simmons is excellent – highly competent and precise professionals.’

‘Its great knowledge, flexibility and efficiency contribute greatly to the success of operations.’

‘Practical advice and innovative solutions confirm the firm as one of the main players for legal advice.’

Key clients

SEA (Società Esercizi Aereoportuali)

Wise Equity

Unifrutti Group

Equinox

Bomi Italia

IGI Private Equity

IGT

ENI

L Catterton

PATRIZIA Investment Management

Clessidra SGR

Prysmian Group

A2A

Openjobmetis

MeglioQuesto

Imprima

Studio Professionale Associato a Baker & McKenzie

Studio Professionale Associato a Baker & McKenzie‘s borrower practice covers syndicated bank financing, bonds, structured transactions and debt restructuring. The practice of team head Alberto Fornari includes corporate and structured finance, particularly NPLs, factoring, lending, payment systems and fintech. Experienced partner Ludovico Rusconi also assists with banking and finance deals.

Practice head(s):

Alberto Fornari

Other key lawyers:

Ludovico Rusconi; Giorgio Telarico; Francesco Ciociola; Francesco Ciociola

Key clients

Zenith Service

Banco BPM

Credito Emiliano

GAIA

ING Bank

SACE

Transcom Worldwide Italy

BPER

Gruppo Statuto

Chiesi Farmaceutici

Work highlights

  • Assisted CREDEM with the set-up of a rolling non- performing receivables programme with Banca IFIS.
  • Assisted with the Italian law aspects of an international bond offering by the Transcom group, as well as the accession of Transcom Worldwide Italy to a super senior revolving credit facility, an intercreditor agreement, and a supplemental indenture.
  • Assisted Gianni Versace (as Italian guarantor) with a cross-border financing granted by JPMorgan Chase Bank to (inter alia) Capri Holding.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton‘s Italian practice is regularly mandated for English and New York law-governed finance deals, as well as Italian law transactions. Its expertise covers alternative refinancing, along with debt restructuring. Working from both Milan and London, Carlo de Vito Piscicelli is a leveraged finance and restructuring expert.

Other key lawyers:

Carlo de Vito Piscicelli

Testimonials

‘A team with vast experience in important deals and a good understanding of clients’ needs.’

Key clients

LivaNova

Goldman Sachs

Il Sole24Ore

Mohegan Gaming and Entertainment

Unicredit

F2i

Falck Renewables

Oaktree

Asterion Industrial Partners

Aigis Banca

Work highlights

  • Assisted LivaNova with a five-year $350m senior secured term loan facility.
  • Advised Goldman Sachs and Bank of America on a proposed debt financing for Leonardo DRS, comprising a $300m term loan and revolving senior permanent facilities, and a $350m, 364-day bridge facility.
  • Assisted Mohegan Tribal Gaming Authority d/b/a Mohegan Gaming and Entertainment with a mezzanine financing for the construction and development of an integrated casino resort in South Korea.

Greenberg Traurig Santa Maria

Greenberg Traurig Santa Maria‘s Italy team advisers both borrowers and investment funds on complex banking and finance work, including NPLs and real estate financings. The group is co-led by Corrado Angelelli, who is experienced in leveraged and real estate finance, and Alessio Gerhart Ruvolo, whose expertise covers financing agreements.

Practice head(s):

Corrado Angelelli; Alessio Gerhart Ruvolo

Other key lawyers:

Caterina Napoli; Davide Bonsi

Key clients

Cerberus Capital Management

J-Invest

Link Financial

The Carlyle Group

Värde Partners Europe

Guber Banca

Banca Farmafactoring

Gruppo Barletta

Carval

Barletta Group

Chenavari Investment Managers

Crif

Bain Capital

Solution Bank

Banca Monte dei Paschi

Sorec

Banco delle Tre Venezie

BAWAG P.S.K.

Creditis Servizi Finanziari

Henderson Park

Tristan Capital Partners

Castello Sgr

Investcorp

JP Morgan Asset Management

Savills Investment Management Società di Gestione del Risparmio

Intrum

Kervis SGR

EQT Exeter

Work highlights

  • Advised affiliates of Cerberus Capital Management on the sale of €2.8bn of NPLs, pursuant to an agreement with Banca Ifis.
  • Advised an Investcorp group fund on a credit facility agreement with UniCredit for the approximately €70m acquisition and development of a LEED (leadership in energy and environmental design) platinum office building in Milan.
  • Advised Tristan Capital Partners on all stages of the negotiation and signing of a loan agreement with MPS Capital Services Banca per le Imprese for the funding of an approximately €40m real estate acquisition.

Hogan Lovells International LLP

Hogan Lovells International LLP‘s Milan-based banking and finance department is headed by Carlo Massini, who is qualified to practice in both Italy and New York. Acting for borrowers and investors, Massini has longstanding experience in the gamut of lending, including real estate, project, acquisition, asset and international trade finance. Mauro Saccani was a new arrival in April 2023 from Latham & Watkins LLP.

Practice head(s):

Carlo Massini

Other key lawyers:

Mauro Saccani

Testimonials

‘Great for its pragmatism and billing.’

‘A pragmatic approach and good availability.’

Work highlights

  • Assisted Hyle Capital Partners SGR with the financing of the acquisition of a shareholding participation (representing all of Guaresi’s corporate capital).

Orrick, Herrington & Sutcliffe

Orrick, Herrington & Sutcliffe fields experts in structured and project finance. Patrizio Messina leads the practice, which comprises experienced partners Marina Balzano and Alessandro Accrocca. Former partner Raul Ricozzi and of counsel Maria Teresa Solaro recently departed to join PwC TLS Avvocati e Commercialisti and newly-launched Green Horse Legal Advisory, respectively.

Practice head(s):

Patrizio Messina

Other key lawyers:

Marina Balzano; Alessandro Accrocca; Giulio Asquini

Testimonials

‘Well prepared to face any kind of issue that should arise.’

‘Full availability to discuss matters with the client and straight to the point.’

‘Orrick’s banking and finance team is very competent and dedicated – it has deep knowledge of the industry and its main players – very strong at delivering under time constraints’

‘Marina Balzano is a top lawyer in banking, thanks to her competence and knowledge.’

‘Senior associate Giulio Asquini is always available to support and deliver.’

Key clients

Obton A/S

A2A

Garofalo Health Care

Haier Europe Appliance Solutions

ACEA Produzione

Quinta Capital SGR

IGD SIIQ

Intermediate Capital Group

Savills IM SGR

Vialli PV Italy

AMCO

E2E

Bluefield Sole ITA

21 Invest SGR

Clessidra SGR

Consilium SGR

HIG Europe

Safety21

Zola Electric

Sun Berserker

Work highlights

  • Advised TIM on the extension and conversion to ESG of a €4bn revolving credit facility.
  • Assisted A2A with the subscription of a €410m ESG-linked revolving credit facility.
  • Assisted Garofalo Health Care with a €221m financing.

Osborne Clarke

Osborne Clarke‘s Italian borrower-side practice routinely advises investment funds and private equity houses on the acquisition of companies and real estate assets. Banking and finance head Andrea Pinto is an expert in real estate, project and acquisition finance, and restructuring. Federica Greggio and Antonio Fugaldi provide additional partner-level support.

Practice head(s):

Andrea Pinto

Other key lawyers:

Federica Greggio; Antonio Fugaldi

Testimonials

‘Always available and with a very pragmatic approach (like partners more than consultants).’

‘Super reliable, easy to talk with, and they share different opinions with explanations.’

‘Good strategy skills, they pay attention to both detail and the big picture, and they are not obsessed with fees.’

‘Excellent technical competence, and excellent knowledge of the market and availability.’

‘Ability to jump into problematic deals that have already been managed by others.’

‘Andrea Pinto resolved major issues and helped close the deal.’

‘Antonio Fugaldi is mentioned for his extensive experience, great strategic approach, excellent communications with clients and counterparts, competence and reliability.’

Key clients

AKNO Group

Acque Bresciane

Alfa

Astraco

Azimut Investments

BrianzAcque

Colliers Global Investors Italy SGR

Crippa

Muzinich & Co SGR

Hines

Kervis Asset Management

Siram Veolia

Mirastar/KKR

Obton

Principal Real Estate Europe

Work highlights

  • Advised Colliers Global Investors SGR on securing €60m in financing from German bank BayernLB.
  • Acted for water services utility Acque Bresciane on €202m of lending, as part of a €1bn sustainable investment plan due to run until 2045.
  • Advised a private debt fund, co-managed by Azimut Investments and Muzinich & Co SGR on a €44m senior MTM revolving financing deal with BNP Paribas.

Pavia e Ansaldo

Pavia e Ansaldo s Italy group is jointly headed by structured finance specialist Mario Di Giulio, and Roberto Zanchi, whose practice includes banking and finance work. Caterina Luciani advises on shipping and transportation law, while Carlo Emanuele Rossi assists with borrower-side financings. The firm recently opened an office in Turin.

Practice head(s):

Roberto Zanchi; Mario Di Giulio

Other key lawyers:

Caterina Luciani; Carlo Emanuele Rossi

Key clients

Unicredit

Banca Generali

Credit Agricole Cariparma

Banco BPM

Deutsche Bank

Unicredit Bank Moscow

ICCREA Banca Impresa

Investire SGR

Assiteca Broker Internacional de Seguros

Xenon Private Equity

Tecno Pool

Cassa Depositi e Prestiti

First Growth Real Estate

Banche di Credito Cooperativo

WeArena

ViviBanca

Planet Smart City

Work highlights

  • Advised ICCREA BancaImpresa on its negotiations with the European Investment Bank, and the Regions of Sicily and Campania, for the utilisation of the EU’s Jessica Funds.
  • Assisting Investire with ongoing issues related to its €91m facility (provided by the Milan branch of French bank Natixis).
  • Advising ICCREA Banca Impresa on its negotiations with the European Investment Bank for the utilisation of European Funds for the financing of higher education for students in southern Italy.

Studio Legale Cappelli RCCD

Studio Legale Cappelli RCCD advises domestic and international corporations and groups on acquisition, corporate, real estate and project finance. Co-led by structured finance specialists Paolo Calderaro and Marcello Maienza, the practice features Morena Bontorin, who acts for listed and private companies, and Giuliana Durand, who assists with transaction financial structures.

Practice head(s):

Paolo Calderaro; Marcello Maienza

Other key lawyers:

Morena Bontorin; Giuliana Durand

Key clients

York Capital Management Europe (UK)

Cedar Capital Partners

Kryalos SGR

21 Investimenti SGR

Route Capital Partners

Aussafer Due

Hines Italy RE

Nexi Payments

Nexi

Bird & Bird

Particularly focused on infrastructure matters, Bird & Bird‘s Italy practice specialises in structured finance transactions on a corporate, real estate and project financing basis. Pierpaolo Mastromarini advises on energy and utilities-related project finance deals, and Alberto Salvadè assists with turnaround and restructuring transactions. Michele Arruzzolo is the counsel to note.

Practice head(s):

Pierpaolo Mastromarini; Alberto Salvadè

Other key lawyers:

Michele Arruzzolo

Key clients

ForVEI II

LBO France

Arpinge Group

Work highlights

  • Advised ForVEI II on a €120m refinancing of a portfolio comprising 43 solar plants.
  • Advised LBO France on an agreement with Intesa Sanpaolo for the financing of a subscription (from time to time) of pools of bonds.
  • Advised Arpinge Group on the refinancing of a portfolio comprising six photovoltaic systems.

CBA Studio Legale e Tributario

Well known to Italian borrowers from the energy and shipping sectors, CBA Studio Legale e Tributario‘s practice specialises in shipping, real estate, project and structured finance. Banking, finance and insurance head Francesco Dialti advises both corporations and investors, while fellow partner Daniela Sorgato works from both Milan and Padua.

Practice head(s):

Francesco Dialti

Other key lawyers:

Daniela Sorgato; Vincenzo Cimmino; Emanuele Caretti

Testimonials

‘Great experience in shipping financing.’

‘Francesco Dialti is very knowledgeable and extremely helpful.’

Key clients

Caronte & Tourist

Falck Renewables

Kryalos SGR

Savills Investment Management SGR

Stella RE

Scalapay

Alcedo SGR

Work highlights

  • Advised Caronte & Tourist on the purchase of a ground floor building in Messina, including the financing aspects.
  • Advised Stella RE on the financing for part of the purchase price and refurbishment costs of a building in Milan.
  • Advised on the LBO financing for the purchase of Scatolificio Gondola.

CMS

CMS‘ borrower-side practice is experienced in financing, refinancing and acquisition finance, along with and debt restructuring. Banking and financial law department head Paolo Bonolis routinely assists internationally active clients from the investment services, insolvency, shipping and private equity sectors. Bonolis also advises the leasing and financing divisions of major automobile brands.

Practice head(s):

Paolo Bonolis

Other key lawyers:

Andrea Arcangeli; Domenico Gaudiello; Maria Giovanna Pisani

Key clients

Apcoa Group

Scannell Group

Novelis

LGT Capital

Debt Capital Markets

B2 Kapital Group

Work highlights

  • Advised the Apcoa Group on a financing and refinancing transaction.
  • Advised the Scannell Group on a real estate loan facility.
  • Advised Bk2 Group on a refinancing transaction involving multiple jurisdictions.

Curtis, Mallet-Prevost, Colt & Mosle LLP

Curtis, Mallet-Prevost, Colt & Mosle LLP‘s Italy practice specialises in advising high-profile clients on complex financings. The expertise of team head Alfonso de Marco includes banking, real estate, and structured and project finance. Giovanni Sagramoso and Sergio Esposito Farber are other key partners, and Filippo Bianchi is an experienced counsel.

Practice head(s):

Alfonso Annibale de Marco

Other key lawyers:

Giovanni Sagramoso; Sergio Esposito Farber; Filippo Bianchi

Key clients

DeA Capital Real Estate SGR

Tecnimont

Hotelturist

Fidia Farmaceutici

DDM Group

Work highlights

  • Advised DDM Group on both its acquisition of a 5% stake in Borgosesia and a memorandum of understanding for a potential partnership with Borgosesia, an investment platform that specialises in secured NPLs and special situations.

Eversheds Sutherland Associazione Professionale

Eversheds Sutherland Associazione Professionale‘s practice covers NPL transactions and renewable energy-related project finance, as well as aviation, real estate and acquisition financings. In addition to debt capital markets and securitisation work, Umberto Mauro advises on aviation finance, while Daniela Viaggio‘s practice covers significant clean energy-related project finance transactions.

Practice head(s):

Umberto Mauro

Other key lawyers:

Daniela Viaggio

Key clients

ITA Airways

Colliers Global Investors Italy SGR

Imperial Capital SIM

BFF Banca Farmafactoring

Schibsted Group

Barclays International

FXFLAT Bank AG

MPS Capital Services

Fiserv

Banca Nazionale del Lavoro

Banco BPM

Work highlights

  • Assisted MPS Capital Services (as MLA bank and bookrunner, lending bank and agent bank) and Colliers Global Investors Italy SGR with the project financing for the redevelopment of a property in Rome.
  • Assisted Ita Airways with drawing up a leasing agreement between ITA Airways and Afalco Dac.
  • Assisted Colliers Global Investors Italy SGR with the financing of the acquisition of HQ2, the Pirelli Tyre headquarters in Milan.

Giovannelli e Associati Studio Legale

Giovannelli e Associati Studio Legale‘s Milan-based banking and finance team is active in corporate and acquisition finance, establishing guarantees, and debt restructuring. The principal figures are Ferrante Paveri Fontana, Michele Mocarelli and Stefano Traniello, while banking and finance partner Valerio Fontanesi is a February 2022 hire from Shearman & Sterling LLP.

Other key lawyers:

Ferrante Paveri Fontana; Michele Mocarelli; Stefano Traniello; Valerio Fontanesi; Marco Amoruso

Testimonials

‘Excellent technical legal skills, solid knowledge of clients’ business, high- quality work, and accuracy – good quality vs cost.’

‘High-standing professionals with deep knowledge of legal matters.’

Key clients

Alpha Test

Azimut Private Equity

Biofarma

Hayfin Capital Management

Misar

Nutkao Holding

SAL Service

Specchiasol

Sviluppo Service

Taste of Italy

Techbau

Work highlights

  • Advised Misar on a financing with a pool of banks.
  • Advised Biofarma Group on the financing for the acquisition of HIS.
  • Advised Azimut Private Equity on the financing for the acquisition of CBG Acciai.

Herbert Smith Freehills

Herbert Smith Freehills houses experts in acquisition, project, fund and export finance, along with asset and real estate financing. It also advises on syndicated lending, leasing-related financing, restructuring, and venture, commodity trade and corporate loans. Of counsel and financing transactions expert Simone Egidi heads the Italian banking and finance group.

Practice head(s):

Simone Egidi

Testimonials

‘Precision and high levels of professionalism are the key words for this practice.’

‘Excellent time management and full compliance with deadlines, while the use of innovative computer tools makes document reviewing quick and easy.’

‘Professionalism, dynamism, excellent contract negotiation and synthesis skills, and a critical and constructive approach to documents.’

Key clients

Interconnector Energy Italia

Webuild

Resia SPV

Achilles Vaccines

Ceva Logistics

PI.SA. Interconnector Energy

EDP Renewables

Beyond NetZero BV

Sorgenia

Glennmont

Messaggerie Libri

Vivigas

Astaldi Concessions

Treezor

Iren

C&M Logistics

Monita Interconnector

Swiss Power

Envalue

BPER Banca

Intesa Sanpaolo

ING Geneva

BPM

Mediobanca

ICCREA Banca

BCC Roma

BBC Agropontino

Work highlights

  • Assisted Webuild with the project financing for the €2bn RV555 highway in Norway.
  • Advised a multinational pharmaceutical company on a €300m loan for its Italian parent company and subsidiaries in Switzerland and the Netherlands.
  • Advised an infrastructure fund on the finance documents for its attempted acquisition of a minority stake in Edison.

K&L Gates

K&L Gates‘ Italy practice is well known for lending transactions carried out by Italian securitisation SPVs. It also acts for private debt investment funds on direct lending transactions. The group is co-led by finance and restructuring specialist Fabrizio Dotti; and Paolo Rusconi, who advises on banking, finance and debt restructuring.

Practice head(s):

Fabrizio Dotti; Paolo Rusconi

Other key lawyers:

Francesco Seri; Mattia Maggioni

Key clients

Savills Investment Management SGR

D-Orbit

DeA Capital Real Estate SGR

Work highlights

  • Advised Savills Investment Management SGR on the granting by BPER Banca of new credit lines to Italian Fund, Value Add II Italy, for the development of a building in Milan.
  • Advised an Italian alternative real estate investment fund (managed by Savills Investment Management SGR and invested by unitholders belonging to the Indotek Group) on a term loan facility granted by UniCredit for the purchase of a portfolio of 13 supermarkets.
  • Assisted D-Orbit with a convertible bond issue.

LCA Studio Legale

LCA Studio Legale's banking and finance practice assists investment funds, sponsors and a range of corporate borrowers with financings, ranging from corporate lending and acquisition finance to complex structured finance. Practice leader Davide Valli is 'able to resolve issues', while Marina Rosito focuses on trade and acquisition financing transactions.

Practice head(s):

Davide Valli

Other key lawyers:

Marina Rosito

Testimonials

‘Technical competence, the ability to understand clients’ needs immediately, and great flexibility.’

‘Helpful attitude, smart, and always able to find satisfactory solutions.’

‘The team was 100% devoted to the deal and always well prepared for negotiation sessions with the banks and its legal advisers.’

Really precise and always prompt at dealing with technical aspects. Very reliable and able to give concrete solutions.

‘The team has a great practical approach, combined with deep market expertise.’

‘Davide Valli and his team are extremely reliable and accurate in all respects. They work well together, as well as individually, never leaving the client alone during difficult situations.’

‘Davide Valli is able to negotiate and resolve issues.’

Davide Valli has extensive knowledge of all the relevant players in the banking market, which enables very easy and direct communications with counterparties.’

Key clients

Business Integration Partners

BPER Banca

Cassa Depositi e Prestiti

CDS Holding

CDS Costruzioni

Emera Group

Groupe EPI (Holding)

FBS Next

Ga.Ma Italia

Masco Group

Panzeri

Roma Trevi

Shareholders of Cristallina Holding

Xenon Private Equity Small Cap

Work highlights

  • Advised Business Integration Partners on the repayment and closing of an approximately €135m facilities agreement.
  • Acted for Xenon Private Equity and Impresoft on the repayment of a €62.5m existing facilities agreement, which related to the sale of Impresoft to Clessidra.
  • Assisted CDS Holding with a mortgage-backed real estate loan granted by UniCredit and BNL for the development of a student hotel in Florence.

Orsingher Ortu – Avvocati Associati

Orsingher Ortu – Avvocati Associati is experienced in acquisition and real estate finance, along with banking and finance work and restructuring. Manfredi Leanza is a specialist in domestic and cross-border finance deals, and Giovanni Nicchiniello focuses on the corporate finance sector. Banking and finance expert Cosimo Paszkowski recently joined from Chiomenti.

Practice head(s):

Manfredi Leanza

Other key lawyers:

Giovanni Nicchiniello; Cosimo Paszkowski

Key clients

Antares Vision

Tenax Capital

Coima SGR

UniCredit

MPS Capital Services

Intesa Sanpaolo

Stevanato Group

Blackstone

Black Diamond Capital Management

Prelios SGR

SKY Studios

Gradiente SGR

Cirsa

UniGasket

Rigoni di Asiago

ECP CremonaPo

Savills Investment Management

Work highlights

  • Advised Coima SGR on a €160m ESG-linked facilities agreement.
  • Advised Rigoni di Asiago on the structuring, negotiation and implementation of a facility agreement, which related to the acquisition of French company Saveurs et Nature.
  • Advised Antares Vision on the Italian law aspects of a private placement (governed by the laws of New York), which aimed to refinance debt and finance general investments.

Studio Legale Associato a Watson Farley & Williams

Studio Legale Associato a Watson Farley & Williams‘ banking and finance group is known for its expertise in energy (including renewables and natural resources), transport (maritime, aviation and rail), infrastructure, and real estate. The team is co-led by asset and project finance expert Mario D’Ovidio and shipping finance specialist Furio Samela.

Practice head(s):

Mario D’Ovidio, Furio Samela

Other key lawyers:

Michele Autuori; Matteo Trabacchin; Amelia Garavaglia; Antonella Barbarito

Testimonials

‘Very professional, timely, available, fair, and transparent when quoting.’

Very good cooperation.

‘Excellent technical knowledge of the products.’

‘Excellent communication skills with clients and excellent negotiation skills – great fee transparency.’

‘Mario D’Ovidio is excellent for the Italian aspects of deals.’

Key clients

Virgin Voyages

DeA Capital Alternative Funds

Megaride Bulk

IDeA CCRII Fund

MSC Cruises

Snam

Italian Banking Association

Work highlights

  • Advising Virgin Voyages on the delivery of its cruise ship Valiant Lady from Italian shipyard Fincantieri, which included financing advice.
  • Advising DeA Capital Alternative Funds SGR (as creditor) on a restructuring agreement with Monteverde di Navigazione and Montegreen.
  • Advised MSC Cruises on the Italian law ECA-related aspects of the €353m financing of a new mega cruise terminal at the Port of Miami in Florida.