Banking and finance: lender or arranger side in Italy

Chiomenti

Chiomenti's sizeable and 'high-quality' finance and regulated entities department is widely respected for its experience in acquisition, project, structured and real estate finance. Gregorio Consoli heads the department, which also showcases experienced partners Giulia Battaglia, Giorgio Cappelli, Luca Bonetti, and restructuring business unit head, Antonio Tavella. Further support is provided by energy business unit leader, Carola Antonini, Marco Cerritelli, senior of counsel Francesco Ago, recently promoted managing counsel Riccardo Rossi, and counsel Fraser Wood. In 2020, the practice hired partner Gianrico Giannesi from Orrick, Herrington & Sutcliffe.

Practice head(s):

Gregorio Consoli

Other key lawyers:

Giulia Battaglia; Giorgio Cappelli; Luca Bonetti; Antonio Tavella; Carola Antonini; Marco Cerritelli; Francesco Ago; Riccardo Rossi; Fraser Wood; Gianrico Giannesi

Testimonials

Chiomenti is the perfect firm for financial institutions.

It has excellent expertise in all areas of finance and financial asset regulation, and has a large and comprehensive team with some real industry stars.

A high-quality team that assists even after closure of the deal, with above-average problem-solving skills.

I should point out the high professionalism of the team  and its specific knowledge of the regulatory and procedural aspects of PPP operations. To this is added the utmost willingness to propose solutions that are appropriate to the context.

‘Gregorio Consoli is an incredible lawyer and has an extraordinary organisational capacity.

Gregorio Consoli is an excellent professional, who is competent, efficient, a great negotiator, and has the ability to find solutions to problems.

Marco Cerritelli always operates with the utmost commitment, ensuring constant presence and availability to propose and investigate adequate solutions to protect the client’s position.

The recently hired partner Gianrico Giannesi is very good for structured finance.

Key clients

UniCredit S.p.A.

Mediobanca S.p.A.

J.P. Morgan Plc.

Banca IMI S.p.A.

Deutsche Bank

Credit Agricole

Banca Europea per gli Investimenti (BEI)

Cassa depositi e prestiti S.p.A.

Banco Bilbao Vizcaya Argentaria S.A.

Banca Popolare di Milano S.C.p.A.

Unione di Banche Italiane S.p.A.

BNP Paribas

Intesa Sanpaolo

Goldman Sachs

Work highlights

  • Advised SACE on its guarantee of a financing that was granted by Intesa Sanpaolo in favour of FCA Group.
  • Advised Prelios Group on a portfolio of unlikely-to-pay loans, which were granted to real estate companies and other borrowers.
  • Advised a pool of banks, including Intesa Sanpaolo, Banco BPM and MPS Capital Services Banca per le Imprese, on a SACE-guaranteed facility agreement that was entered into with Fashion Box.

Clifford Chance

Acting in high-profile, ground-breaking transactions in Italy, Clifford Chance's team has vast experience in advising large domestic and international groups, arrangers and financing banks on investment grade deals, acquisition, real estate and project finance, syndicated loans, and debt restructuring. The principal advisers are managing partner for Italy, Giuseppe De Palma; Italian and cross-border banking specialist, Charles Adams; and Ferdinando Poscio, who assists with leveraged finance, syndicated lending and restructuring. Providing key support are counsel Francesca Cuzzocrea, and senior associates Pasquale BifulcoDavid Neu and Filippo Tassoni.

Practice head(s):

Giuseppe De Palma

Other key lawyers:

Charles Adams; Ferdinando Poscio; Francesca Cuzzocrea; Pasquale Bifulco; David Neu; Filippo Tassoni

Testimonials

Great for availability and ease of access.

Proactivity, ability and dedication.

Professionalism and presence, accompanying the client at every stage of the deal with the ability to preserve the client’s interests.

The firm stands out, not only for its brand and remarkable track record, but also for its high level of technical and legal skills, as well as the professional maturity of all its lawyers.

Excellent legal skills, with a  blend of English law and local jurisdictional expertise, as well as knowledge of market standards.

‘One of the points that distinguishes the firm, beyond its technical skills, knowledge of the market and availability, is the fact that the partners – while present when necessary – leave sufficient freedom of action to other less senior figures, guaranteeing efficient management of the file.

Solid technical skills, flexibility, client orientation and the ability to search for innovative solutions.’

Senior associate David Neu has a practical, solutions-led approach to resolving issues, which includes taking responsibility for delivering it.

Key clients

Banca IMI S.p.A

Banco BPM S.p.A.

Dedalus Holding (Ardian)

Deutsche Bank and Nomura International

Eolo S.p.A

J.P. Morgan

Landi Renzo S.p.A.

Macquarie Infrastructure

Patrizia AG

Santander Consumer Bank S.p.A

UniCredit S.p.A.

Work highlights

  • Advised a pool of banking groups on the finance aspects of the acquisition of a 30% stake in Supermarkets Italiani, which controls Italian supermarket chain, Esselunga.
  • Assisted Deutsche Bank and Nomura International, as arrangers, with the acquisition financing for an office park in Rome.
  • Assisted with the financing for the acquisition of a portfolio of logistic real estate assets by an Italian real estate, closed-end investment fund (ANAGRAM).

Allen & Overy - Studio Legale Associato

Allen & Overy - Studio Legale Associato's Italian and international banking and finance lawyers act on general lending, and acquisition, leveraged, real estate, export credit and project finance, along with debt restructuring, structured finance and NPLs. Highly experienced partner Stefano Sennhauser heads the Italy banking team, which includes Italy and UK-qualified Pietro Scarfone. At counsel level, Frederic Demeulenaere heads the Milan-based UK banking law team, while Nunzio Bicchieri is Italy project finance practice leader. Luca Maffia is the senior associate to note.

Practice head(s):

Stefano Sennhauser

Other key lawyers:

Pietro Scarfone; Frederic Demeulenaere; Nunzio Bicchieri; Luca Maffia

Testimonials

Allen & Overy’s finance team is, historically, one of the best known on the market.

Its greatest strengths are represented by a strong commercial approach, as well as by a high level of technical competence and subject knowledge. Unlike other law firms, the assistance given to the client is at 360 degrees.

International skills and expertise, as well as a timely and pragmatic approach to negotiations, make this law firm one of the best in the Italian market.

The team is well assembled, with the right, high-seniority blend.

Stefano Sennhauser is always decisive and incisive during the most complex negotiations.

Stefano Sennhauser has been an exceptional lawyer in all respects for several years. Stefano goes straight to the heart of the matter, and at the same time is oriented to reach the best commercial solution for all parties involved. It is safe to have him on your side during the most important or complex deals.

Pietro Scarfone, with his double qualification of Italian and English law, is particularly reliable and performs in cross border situations that involve problems under different legislations. He is very helpful and proactive in seeking solutions that, in order to reach an agreement between the parties, satisfy first of all their clients, but at the same time their counterparts too.

Pietro Scarfone and counsel Frederic Demeulenaere are very professional, helpful and attentive to details; they are also tireless and efficient.

Work highlights

  • Advised the lenders on a €5bn unsecured, bridge-to-bond facility, which was granted to Italian energy company Enel.
  • Advised Crédit Agricole CIB (as global co-ordinator), and a pool of Italian and international banks, on a €1.7bn revolving credit facility for Italian telecoms operator, TIM.
  • Advised Bank of America Merrill Lynch, as arranger and original lender, on a €141m loan to EuroLog, in relation to the acquisition of a portfolio of logistics real estate assets in northern Italy.

BonelliErede

BonelliErede's expertise encompasses acquisition, corporate, project and property finance, along with restructuring; the practice is also highly regarded for Italian banking law involving LBOs, and public bid and takeover financings. Emanuela Da Rin is a banking and finance specialist, whose practice includes real estate, corporate and acquisition finance; Catia TomasettiGabriele Malgeri and managing associate Giorgio Frasca are project finance experts; and Antonio La Porta is also a member of the firm's Africa team. Former partner Mara Fittipaldi joined FIVELEX Studio Legale.

Practice head(s):

Antonio La Porta

Other key lawyers:

Emanuela Da Rin; Catia Tomasetti; Gabriele Malgeri; Giorgio Frasca; Giovanni Battaglia; Alfonso Stanzione

Testimonials

Superb delivery.

Industry knowledge, availability, fast feedback times, proactivity and punctuality.’

Catia Tomasetti is unique – she is always absolutely up to date with everything.

Gabriele Malgeri is always available, serious, attentive and punctual.

Key clients

Crédit Agricole Corporate and Investment Bank

ING Bank

Intesa Sanpaolo

UniCredit

Work highlights

  • Advised Mps Capital Services and Deutsche Bank on the signing of a financing agreement with Centrale del Latte Italia.
  • Advised Crédit Agricole Corporate and Investment Bank, and ING Bank, on a financing for Fondo Diamond Core’s acquisition of Milan’s Passarella Gallery.
  • Advised a pool of lenders on the project refinancing of a portfolio, which comprised 46 photovoltaic plants.

Gianni & Origoni

Gianni & Origoni's 'incredibly committed' practice fields several experts in project finance, real estate financings, and acquisition and investment finance, along with refinancing and restructuring. It also assists with lending for general corporate operations, structured finance and NPL matters. Experienced partners Giuseppe De Simone and Matteo Bragantini are the banking and finance co-heads, while Ottaviano Sanseverino is project finance head. Additional support is provided by partners Matteo Gotti and Eduardo Fiordiliso, along with counsels Piergiorgio Picardi and Ilaria Laureti.

Practice head(s):

Matteo Bragantini; Giuseppe De Simone; Ottaviano Sanseverino

Other key lawyers:

Matteo Gotti; Eduardo Fiordiliso; Piergiorgio Picardi; Ilaria Laureti

Testimonials

Professionalism, competence and client service. Their work has been remarkable – GOP is incredibly committed to its clients and is extremely available.

Their excellence comes from their thorough knowledge of the lenders and sponsors’ objectives and constraints. They are also very well staffed, covering large areas of expertise that are relevant to lenders.

The firm, year after year, confirms its excellent analytical skills, a deep understanding of the context (not only legal) in which my institution operates, and pays special attention to changing and complex business needs.

In terms of value for money, I believe that the fees were more than appropriate compared to other law firms, especially if evaluated in the light of the high level of assistance provided.

Deep analytical skills and abilities, combined with strong professionalism.

‘The firm’s teams have always demonstrated the ability to satisfy our requests within the allotted time.

Giuseppe De Simone has constantly distinguished himself through his ability to propose and implement original solutions in the face of complex issues.’

‘Matteo Bragantini is an exceptional professional who is very competent.’

Key clients

UniCredit S.p.A.

Intesa Sanpaolo S.p.A.

Cassa Depositi e Prestiti S.p.A.

EIB (European Investment Bank)

UBI Banca

China Construction Bank, EU Branch

MPS Banca Montepaschi di Siena S.p.A.

BNP Paribas S.A.

Oaktree Capital

Intrum

TPG Sixth Street Partners

AMCO (formerly SGA S.p.A.)

Crédit Agricole Group (CIB)

Banco BPM

Work highlights

  • Advised Intesa Sanpaolo and Banca IMI on a €6.3bn credit facility granted to FCA Italy, a wholly-owned subsidiary of Fiat Chrysler Automobiles, and other Italian companies in the FCA Group.
  • Advised the lenders on the project financing for a 600MW electricity interconnection sub-sea cable between Italy and Montenegro.
  • Advised CDP on a counter-guarantee agreement, to be implemented within the EU Infrastructure Investment Plan (Juncker Plan) and the EFSI Thematic Investment Platform for Italian SMEs.

Latham & Watkins LLP

Latham & Watkins LLP's 'highly reliable' Italian banking practice is widely respected for its expertise in acquisition and leveraged finance, corporate lending and debt restructuring. Advising lenders on leveraged finance and banking deals, Marcello Bragliani leads the Italian banking and finance department, in which Antongiulio Scialpi, a private and public acquisition finance, leveraged finance and syndicated loan expert, was recently made partner. With broad banking law experience, counsel Mauro Saccani is also a key finance department member.

Practice head(s):

Marcello Bragliani; Antongiulio Scialpi

Other key lawyers:

Mauro Saccani; Alessia De Coppi

Testimonials

‘Competent and available.

Great experience and strong technical and legal skills, with good knowledge of the market’s best practices.

Highly reliable.

Available and dedicated, with the partners engaged in person.

Technical and problem-solving skills beyond the mere fulfilment of the mandate.

Marcello Bragliani and Antongiulio Scialpi are prepared; they are also available to listen to clients’ requirements.

Marcello Bragliani stood out for his clarity of presentation and ability to find practical and effective solutions to complex financing problems.

Key clients

Banca IMI

BNP Paribas

BNL

Crédit Agricole

Intesa Sanpaolo

J.P. Morgan

UniCredit

Work highlights

  • Advised a pool of banks, led by BNP Paribas and Credit Suisse, on the multi-tranche financing for Bain Capital and NB Renaissance Partners’ acquisition of Engineering Ingegneria Informatica.
  • Advised a pool of banks on the negotiation with Dedalus Holding of a debt refinancing-related matter.
  • Advised a pool of banks on a financing granted to Infrastrutture Wireless Italiane.

Legance - Avvocati Associati

Legance - Avvocati Associati's sizeable practice covers leveraged, acquisition, mezzanine, project and real estate financing, along with debt restructuring. The banking and finance group is co-ordinated by Andrea Giannelli, while Monica Colombera is the energy, project and infrastructure practice's lead partner. Also highly regarded are experienced partners Emanuele Espositi, Luca Autuori and Guido Iannoni Sebastianini, along with Filippo RuffatoGiandomenico Ciaramella and Giovanni SciroccoAntonio Palazzolo and Tommaso Bernasconi were recently made partners, while Francesca Brilli was promoted to senior counsel. Simone Ambrogi is an experienced counsel.

Practice head(s):

Monica Colombera; Andrea Giannelli

Other key lawyers:

Emanuele Espositi; Luca Autuori; Guido Iannoni Sebastianini; Filippo Ruffato; Giandomenico Ciaramella; Giovanni Scirocco; Antonio Palazzolo; Tommaso Bernasconi; Francesca Brilli; Simone Ambrogi

Testimonials

The strengths of this firm are determined by its vast areas of expertise, operational flexibility, availability of teams and value for money.

The firm stands out for its ability to find solutions, even when the legislation is constantly evolving, especially in the projects sector.

Legance is one of the best law firms around, with a strong commitment to quality and professionalism.

I appreciate Legance’s innovative solutions to complex legal matters, and the creation of cross-office teams that bring in the right expertise to address clients’ needs across a wide spectrum of transactional, litigation, corporate and regulatory areas.

I rate the competence and professionalism of the team, which is speedy in replying and finding solutions.

‘Andrea Giannelli’s main strengths are competence, availability and a problem-solving ability.’

Key clients

Banca IMI

Banco BPM

Banco Santander

BNP Paribas

Banca Popolare di Sondrio

BPER Banca

CDP

Crédit Agricole

European Investment Bank

Goldman Sachs International Bank

illimity bank

ING Bank

Intesa Sanpaolo

Monte dei Paschi di Siena

Mediobanca

Mediocredito italiano

Natixis

Société Générale

UBI Banca

UniCredit

Work highlights

  • Assisted Mediobanca Banca di Credito Finanziario and other lenders with a €380m finance facility, which was made available to Prelios in relation to the management (and partial acquisition) of a portfolio of NPLs and UTPs.
  • Advised Natixis and Intesa Sanpaolo, the financing banks of Salini Costruttori, on Progetto Italia, which aims to strengthen the domestic infrastructure sector.
  • Assisted the lenders with a high-profile project finance transaction, which concerned a rebalancing of the concession for the construction and operation of Milan’s Metro Line 4.

Linklaters

Highly rated for its ability to work on Italian, UK and US banking law matters, Linklaters' Italy team is experienced in leveraged acquisitions, asset finance, and plain vanilla investment grade deals. Milan managing partner Andrea Arosio acts for financial sponsors and lenders on banking, as well as acquisition, leveraged, structured, real estate and investment grade finance, and restructuring. Clients also benefit from the experience of Francesco Faldi and Ettore Consalvi, along with managing associate Lilia Maria Lani.

White & Case LLP Italy

White & Case LLP Italy's large and specialised practice has extensive experience across the full spectrum of finance products. Iacopo Canino advises on a broad range of leveraged finance transactions; Gianluca Fanti is a banking and structured finance expert; and Andrea Novarese is consistently involved in large, cross-border deals involving Italy. Also key to the group are Giuseppe Barra Caracciolo and recently promoted partner Francesco Scebba. Bianca Caruso and Tiziana Germinario are experienced senior associates.

Practice head(s):

Iacopo Canino; Gianluca Fanti; Andrea Novarese; Giuseppe Barra Caracciolo; Francesco Scebba

Other key lawyers:

Bianca Caruso; Tiziana Germinario

Key clients

Bank of America Merrill Lynch

Banco de Sabadell

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

Credito Fondiario

Crédit Agricole Italia

illimity Bank

UBI Banca

Work highlights

  • Acted for the global co-ordinators, mandated lead arrangers and bookrunners on the €1.1bn syndicated green loan provided to .italo NTV.
  • Acted for Intesa Sanpaolo and Banca IMI on: a €384m term guarantee facility agreement with Astaldi; a €150m term loan facility agreement with Beyond; and a €200m revolving credit facility agreement with Salini.
  • Acted for Intesa Sanpaolo, Cassa Depositi e Prestiti and Banca IMI, in relation to a €50m term facility agreement, which was granted to Argo Tractors.

Ashurst

Ashurst has a particularly strong name for energy and infrastructure finance, including telecoms, oil and gas, and renewables. With over 20 years' experience in advising banks, Mario Lisanti heads the Italian banking team, which also includes project finance specialists Carloandrea Meacci and Umberto AntonelliAnnalisa Santini is an experienced counsel in the restructuring and special situations department.

Practice head(s):

Mario Lisanti; Carloandrea Meacci

Other key lawyers:

Umberto Antonelli; Annalisa Santini; Gian Luca Coggiola; Gabriele Pavanello; Nicola Toscano

Testimonials

Great knowledge of the sector and availability.

The Ashurst team is very strong in the infrastructure field. We also appreciate the skills that the firm always manages to offer on cross-border transactions, by involving various professionals of the firm who are located in different European offices.

They are highly active and experienced in this area.

The service offered ensures a very good product.

Team accessibility, problem-solving skills, industry experience and track record.

Carloandrea Meacci and Umberto Antonelli stood out for their reasoning skills and problem-solving approach.

Carloandrea Meacci stands out for his problem-solving skills, high levels of pragmatism, professionalism and availability.

Key clients

BNP Paribas

Crédit Agricole

Société Générale

UBI Banca

Banco BPM

Oldenburginsche Landesbank AG

ING Bank

MedioCredito Italiano

Natixis

Santander

Banca IMI Intesa Sanpaolo

UniCredit

Cassa Depositi e Prestiti

SMBC

Work highlights

  • Acted for SMBC Bank EU AG (Milan Branch), on the financing for a newly created Italian real estate fund’s purchase of seven logistics centres in Italy.
  • Advised BNP Paribas on a real estate financing for the acquisition of a trophy asset in central Milan.
  • Advised the lenders on the up-to €110m financing for an F2i-controlled company’s acquisition of Spanish solar operator, Renovalia Energy Group.

Dentons

Dentons' 'very punctual, accurate and prepared' Italy banking and finance practice is particularly focused on the real estate, corporate, energy, environment and public law sectors. Delivering 'legal analyses that are very accurate'Alessandro Fosco Fagotto heads the group, which includes project finance expert Giovanni Diotallevi and counsels Franco Paolo Gialloreti and Edoardo Galeotti.

Practice head(s):

Alessandro Fosco Fagotto

Other key lawyers:

Giovanni Diotallevi; Franco Paolo Gialloreti; Edoardo Galeotti

Testimonials

They are very punctual, accurate and prepared; they are also very good at negotiations.

Among the best firms in the structured finance/LBO/acquisitions sector, with fees in line with industry best practices.

Competence, availability and ability to create new structures that both answer specific client needs, while also protecting the bank’s legal position.

Thanks to Alessandro Fosco Fagotto, we were able to build a financial and legal structure that met the needs of all parties.

Alessandro Fosco Fagotto’s legal analyses are very accurate and he has great capacity.

Key clients

Banca IFIS S.p.A.

Banca Nazionale del Lavoro S.p.A.

Banco BPM S.p.A.

BPER Banca S.p.A.

Crédit Agricole S.p.A.

Intesa Sanpaolo S.p.A.

Banca IMI S.p.A.

Mediocredito Italiano S.p.A.

Mediobanca S.p.A.

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

UBI Banca S.p.A.

UniCredit S.p.A.

illimity Bank

Work highlights

  • Assisted with the financing for the acquisition of a majority stake in Rino Mastrotto Group, which produces and supplies leather products, by Nb Renaissance Partners.
  • Assisted with the financing for the acquisition by private equity fund Progressio (through Progressio Investimenti III fund) of a majority stake in Interni, a privately-held furniture design company.
  • Assisted with the financing for the acquisition by Investcorp of Vivaticket, a global provider of integrated ticketing software solutions for the leisure and entertainment, sport, culture and trade show industries.

DLA Piper

Experienced in leveraged and corporate lending, and project and real estate finance, DLA Piper's Italy banking and finance practice is led by finance specialist, Antonio (Nino) Lombardo. It also fields project finance experts Giovanni Ragnoni Bosco Lucarelli and Federico Zucconi Galli Fonseca, along with Ugo Calò, Giuseppe Mele, recently promoted Giampiero Priori and legal director Claudio D’Alia.

Practice head(s):

Antonio (Nino) Lombardo; Agostino Papa; Francesco De Gennaro

Other key lawyers:

Giovanni Ragnoni Bosco Lucarelli; Francesco De Gennaro; Agostino Papa; Federico Zucconi Galli Fonseca; Ugo Calò; Giuseppe Mele; Giampiero Priori; Claudio D’Alia; Chiara Anceschi 

Testimonials

The DLA firm is an undisputed leader in financing transactions, especially in the real estate sector, knowing how to deal with very different operations with great familiarity and professionalism.

The banking team is always very helpful, reactive, competent and practical; it is also prepared and always present, and stays close to its lender clients, from the structuring phase up to the completion of deals.

‘A problem-solving and always co-operative approach.

Maximum availability and competence on a broad spectrum of matters.’

The team is fully involved, there are no handovers between individuals, and deadlines are met.

‘The individuals are high-level professionals, who go the extra mile to fulfil tasks.

‘A professional team, with great availability from partner Giampiero Priori, who is an excellent professional; and the team co-ordinated by him is capable, competent, attentive to detail, and very oriented towards results and deadlines.

Giampiero Priori is very competent and always available – he is a great professional, always on the detail, and an excellent co-ordinator of resources while maximising the quality of the service rendered. He recognises the dynamics of negotiations, and always manages to assist clients by finding ways to reach a compromise with the counterpart.

Key clients

Unicredit

Natixis

Intesa Sanpaolo

Mediocredito Italiano

BNL

Banco BPM

Banca IMI

UBI Banca

Aareal Bank

Credito Valtellinese

ING Bank

ICCREA

BNP Paribas

Dea Capital S.p.A.

Work highlights

  • Assisted a pool of lenders with a €250m multi-jurisdictional financing in favour of Giochi Preziosi, the Italian toy designer, manufacturer and distribution company.
  • Assisted a pool of banking institutions with a €200m-plus  complex financing involving Risanamento and Sky.
  • Assisted a pool of banking institutions with a €170m refinancing, which related to the solar portfolio of an infrastructure fund.

Gattai Minoli Agostinelli & Partners

Regularly acting for major banks and financial institutions, Gattai Minoli Agostinelli & Partners assists with a range of lending and financing transactions, both at domestic and cross-border level. Riccardo Agostinelli is recommended for acquisition, corporate, real estate, sport and infrastructure finance, with further partner-level support provided by Gaetano CarrelloLorenzo VernettiAndrea Taurozzi, and Emanuela Campari Bernacchi.

Practice head(s):

Riccardo Agostinelli

Other key lawyers:

Gaetano Carrello; Lorenzo Vernetti; Andrea Taurozzi; Emanuela Campari Bernacchi; Valentina Lattanzi; Marco Leonardi; Nicola Gaglione; Daniele Migliarucci

Testimonials

Extreme availability and proactivity in solving various problems.

They are very punctual, accurate and prepared; they are also highly valued during negotiations.

They are, for us, one of the best firms around, with fees tending to be in line with the market.

Gaetano Carrello conducts very accurate legal analyses, knows the law well, and has a remarkable drafting ability.

Key clients

Goldman Sachs

JP Morgan

BNP Paribas

Credit Suisse

UBS

Barclays

UniCredit

Intesa SanPaolo

Banco BPM

Coöperatieve Rabobank U.A.

VGO Capital Partners LLP

Work highlights

  • Assisted with a high-yield financing for the acquisition of Forgital by Carlyle Group-managed funds..
  • Assisted a pool of banks with the financing surrounding the acquisition by Cedacri of CAD IT, which is known for finance-related software solutions.
  • Advised on a high-yield financing for the acquisition by Fedrigoni of Ritrama, which is active in the paper business.

Nctm Studio Legale

Acting for international and national banking groups and financing institutions, Nctm Studio Legale regularly handles large, cross-border banking and financing transactions. Among the 'pragmatic and cost-efficient' team's banking and finance specialists are experienced partners Stefano PadovaniEugenio Siragusa and Giovanni de’ Capitani di Vimercate, with managing associate Martina Marmo providing notable support. Shipping and aviation finance expert Alfredo Lizio joined as partner in September 2020 from Chiomenti, while Matteo Gallanti heads the team from London.

Practice head(s):

Matteo Gallanti

Other key lawyers:

Stefano Padovani; Eugenio Siragusa; Giovanni de’ Capitani di Vimercate; Martina Marmo; Alfredo Lizio

Testimonials

Competence and availability.

A firm that proposes real solutions.

The firm has provided professional, swift advice and a personalised client service.

An excellent team that is made up of very helpful and solid lawyers.

Very pragmatic and cost efficient, compared with other leading Italian firms.’

The NCTM firm undoubtedly guarantees assistance in line with expectations. In addition, the team shows absolute availability, also in terms of timescales and the solution of every issue that difficult negotiations bring up.

Eugenio Siragusa’s preparation is deep, and he manages negotiations with a pragmatism that allows clients to identify and pursue the optimal solution for the practical success of the deal.

Stefano Padovani provides effective solutions to deal-breaking issues. We appreciated his constructive approach and professionalism.

Key clients

UniCredit S.p.A.

Intesa Sanpaolo S.p.A.

Banca Nazionale del Lavoro S.p.A.

Banco BPM S.p.A.

Mediocredito Italiano S.p.A.

Lloyds Bank

Pricoa Capital Group

Wilmington Trust (London) Limited

HSBC Bank Plc

Hypo Alpe Adria Bank S.p.A.

Banca Akros

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

BPER Banca S.p.A.

Creval S.p.A.

Banca Popolare dell’Alto Adige

Amco S.p.A.

US Bank

Danske Bank

Postbank – eine Niederlassung der Deutsche Bank AG

Banco Santander

Work highlights

  • Assisted Banco BPM with a real estate financing for the purchase and development of two real estate properties in Milan.
  • Assisted UniCredit with a significant project finance transaction, which was executed with three special purpose vehicles (part of the PLT Group), in relation to the construction of a wind farm portfolio.
  • Advised Danske Bank and Nykredit Bank on the Italian law aspects of a €108m refinancing of existing indebtedness, which was made available to Dantherm A/S and its group of companies.

Norton Rose Fulbright

Norton Rose Fulbright's Italy team comprises experts in energy, shipping, infrastructure, telecoms and real estate-related financings. Advising on energy and infrastructure sector-related project finance, and export credit, international trade and shipping finance, Arturo Sferruzza leads the Italian banking and energy teams, which include project and shipping finance specialist, Gennaro Mazzuoccolo, and recently promoted Luigi Costa.

Practice head(s):

Arturo Sferruzza

Other key lawyers:

Gennaro Mazzuoccolo; Luigi Costa

Testimonials

Competent, speedy and proactive in finding solutions to negotiations.’

They are very knowledgeable and helpful.

Competence and willingness to explain the reasons behind decisions.

Dedication, creativity and innovation.

The reference partners are absolutely reliable and the work team very prepared; the group’s availability and ability to foresee and anticipate clients’ needs are also very strong.

Flexibility and ability to manage complex situations in a balanced way.

Arturo Sferruzza is one of the best lawyers around in this area. He solves problems and always has a balanced approach. Great experience in cross-border transactions too.

Gennaro Mazzuoccolo is a highly appreciated professional, who is very competent, quick and available.

Orrick, Herrington & Sutcliffe

Orrick, Herrington & Sutcliffe's Italy banking and finance department assists with a range of financings. Patrizio Messina is highly experienced in lender and arranger activity; Raul Ricozzi acts on project and shipping finance; and Marina Balzano advises both Italian and international banks. Of counsel Maria Teresa Solaro assists with infrastructure and renewable energy financings.

Practice head(s):

Patrizio Messina

Other key lawyers:

Raul Ricozzi; Marina Balzano; Maria Teresa Solaro

Testimonials

Great availability, empathy and mediation skills.

Co-ordination and leadership skills.

Transversal skills to deal with non-standard deals.

Wide availability and a diverse team with very complementary profiles.

Dedicated and professional.

Marina Balzano’s great standing and competence combine with unsurpassed interpersonal skills.

Marina Balzano has a great network of contacts.

Key clients

Banco BPM S.p.A.

UniCredit S.p.A.

Riello Investimenti Partners SGR SpA

Banca IMI S.p.A.

MPS Capital Services Banca per le Imprese

Intesa Sanpaolo S.p.A.

Banca IFIS S.p.A.

Natixis S.A. – Milan Branch

Crédit Agricole Italia (Credit Agricole Corporate and Investment Bank)

Deutsche Bank S.p.A.

Cassa Depositi e Prestiti S.p.A.

Work highlights

  • Assisted Banco BPM with the financing of the LBO of Biemme by investment vehicle Elledue.
  • Assisted Crédit Agricole Italia and Deutsche Bank, as financing banks, with the acquisition by Green Arrow Capital of a majority stake in Poplast from Eos Investment Management and its shareholders.
  • Assisted Deutsche Bank with the funding for the acquisition of Biemme Etichette, a labelling company, by Nerilabels.

Pedersoli Studio Legale

Pedersoli Studio Legale‘s banking and finance department fields experts on both acquisition finance and complex corporate financings; it is also increasingly involved in real estate finance. Maura Magioncalda advises domestic and international banks, and major financial institutions, on a range of financing transactions. Experienced partners Consuelo Citterio and Alessandra De Cantellis provide key support.

Practice head(s):

Maura Magioncalda

Other key lawyers:

Consuelo Citterio; Alessandra De Cantellis

Testimonials

Great experience and negotiation skills.

Alessandra De Cantellis provides all-round support.

Delivers a wide spectrum of legal services that clients are happy to rely on.

Key clients

Illimity Bank

Intesa Sanpaolo

UniCredit

MPS Capital Services Banca per le Imprese

Banco BPM

BPER

Banca Nazionale del Lavoro

BNP Paribas

Crédit Agricole

Mediocredito Italiano

Work highlights

  • Assisted a syndicate of banks with the refinancing and rescheduling of the financial indebtedness of a group belonging to listed companies Monrif and Poligrafici Editoriale (following the merger of Poligrafici Editoriale into Monrif).
  • Assisted Intesa Sanpaolo with the financial aspects surrounding the creation of a partnership between Banca 5 (a subsidiary of the Intesa Sanpaolo Group) and Sisal Group (a portfolio company owned by CVC private equity fund).
  • Assisted Intesa Sanpaolo and Banco BPM with the structuring and negotiation of a €118m financing in favour of RBHOLD and Previnet.

Simmons & Simmons

Simmons & Simmons' widely respected Italy practice comprises Davide D’Affronto, who has extensive experience in acquisition financing, leveraged and cross-border syndicated lending, and debt restructuring; and Nicholas Lasagna, who has a significant track record in advising domestic and international arrangers and lenders on high-profile transactions. Alessandro Elisio is the of counsel to note.

Other key lawyers:

Davide D’Affronto; Nicholas Lasagna; Alessandro Elisio

Gatti Pavesi Bianchi Ludovici

Gatti Pavesi Bianchi Ludovici's 'highly trained' team is experienced in complex financings and restructurings. Andrea Limongelli is an expert in banking, finance and debt restructuring, while lending and structured finance partner Marc-Alexandre Courtejoie joined in 2019 from Paul Hastings LLP's former Milan office.

Practice head(s):

Andrea Limongelli; Marc-Alexandre Courtejoie

Other key lawyers:

Stefano Motta

Testimonials

In addition to great professionalism, the firm provides complete and timely assistance.’

A practice that knows how to solve problems.

A very competent team that is always very helpful and pays great attention to clients’ requirements.

A serious firm with great experience on the Italian market, particularly in the real estate sector.

The firm is made up of highly trained professionals.

Marc-Alexandre Courtejoie is very helpful and involved – his availability is highly appreciated.

Marc Alexandre Coutejoie’s team manages complex deals excellently.’

Work highlights

  • Assisted a pool of banks, led by Iccrea BancaImpresa, with the enlargement of the Piattaforma Logistica di Trieste’s PPP project finance.
  • Advised JPMorgan Chase Bank in relation to a repo transaction.
  • Assisted Banco BPM with a credit facility that was granted to ADL Milano 1, in relation to its contribution to the acquisition of a real estate asset in Milan.

Greenberg Traurig Santa Maria

Greenberg Traurig Santa Maria's eight-strong team acts for banks and financial institutions on the full spectrum of banking and finance work. Corrado Angelelli is a specialist in corporate, leverage and structured finance, as well as restructuring. Alessio Gerhart Ruvolo is also a key adviser.

Practice head(s):

Corrado Angelelli; Alessio Gerhart Ruvolo

Other key lawyers:

Davide Bonsi

Testimonials

A multi-perspective approach that implies a thorough overview of the financial transactions handled.

Professional, prepared and willing to satisfy clients’ requirements.

Very attentive to clients and what they really need.

I personally appreciated the taking charge of the various problems and the commitment to reaching a viable solution with success.

‘Availability, speed, reliability and competence.

This is a team comprising professionals who have great experience in the distressed credit sector.

Corrado Angelelli is definitely more present than partners of other firms.

Corrado Angelelli always makes his great experience and professionalism available during assignments in which he is involved.

Key clients

Illimity Bank

Cerberus Capital Management

J-Invest S.p.A.

Link Financial

The Carlyle Group

Värde Partners Europe Limited

Guber Banca S.p.A.

Chenavari

Banca Farmafactoring S.p.A.

Gruppo Barletta S.p.A.

Carval

Work highlights

  • Advised the lenders (being primary international banks and investment funds) on the Italian aspects of Advent’s acquisition of Industria Chimica Emiliana.
  • Acted for Illimity Bank, as investor, on the purchase from Banca Monte dei Paschi di Siena and MPS Capital Services of a €450m UTP unsecured corporate portfolio.
  • Advised Banca Monte dei Paschi di Siena on an arrangement with creditors of Astaldi, including the granting of a €300m syndicated loan.

Herbert Smith Freehills

Herbert Smith Freehills‘ Italian finance, real estate and projects department has substantial energy and infrastructure sector expertise. It was established in 2019 by energy partners Lorenzo Parola and Francesca Morra (both formerly at Paul Hastings LLP), and later strengthened when banking and finance of counsel Simone Egidi joined from Ashurst.

Practice head(s):

Lorenzo Parola; Francesca Morra; Simone Egidi

Testimonials

An excellent firm that, despite having only recently entered Italy, has secured a prestigious position by hiring excellent lawyers.’

Quality Italian professionals with an international platform that clients can rely upon.

Knowledge of the subject, great experience, absolute availability, strong commercial sense, and proactivity to ensure the success of the operation and resolution of any hitches.

Key clients

Intesa Sanpaolo

UniCredit

BPM

ING

Natixis

ICCREA

BPER

Work highlights

  • Advised the project finance lenders on the refinancing of the Brebemi toll road project financing.
  • Advised on the €50m financing for Deutz Fahr Machinery, a Chinese subsidiary of Same Deutz Fahr.
  • Advised on a $250m financing for Enel Green Power’s solar projects in Brazil.

Hogan Lovells International LLP

Hogan Lovells International LLP's experienced partner Carlo Massini leads the Italy transactional banking team. Massini advises domestic and international lenders on a range of financing deals, including corporate, acquisition and asset finance, along with infrastructure and real estate finance, and loan portfolio transactions.

Practice head(s):

Carlo Massini

Work highlights

  • Advised a syndicate of international banks on the extension, additional credit, amendment and waivers of credit facilities, which were made available to a multinational operator of sports facilities.
  • Advised the lender on uncommitted credit facilities that were made available to the Chinese branches of Italian lending banks.
  • Advised a syndicate of lenders on credit facilities, which were made available to an international corporate group in the pharmaceutical sector.

K&L Gates

Regularly acting for large Italian and international banks on complex transactions, K&L Gates' department leader, Fabrizio Dotti, focuses on acquisition, LBO and real estate finance, along with debt restructuring and debt and loan portfolio trades. Experienced partner Paolo Rusconi is a debt restructuring transactions expert.

Practice head(s):

Fabrizio Dotti; Paolo Rusconi

Other key lawyers:

Francesco Seri

Testimonials

A good team of experts that provides accurate and timely responses.

I appreciated the on-time responses and high levels of efficiency when solving problems.

Key clients

UniCredit

Finanziaria Internazionale Investments SGR

Work highlights

  • Advised Unicredit on a financing to Spontini Holding for the purchase of a franchisee.
  • Advised a fund, managed by Finanziaria Internazionale Investments SGR, on a direct loan transaction to technology company Vertical Life.
  • Advised MSMS, as agent, on the extension of a facility that was granted to an Italian real investment fund for the purchase of Italian state-owned properties.

McDermott Will & Emery Studio Legale Associato

McDermott Will & Emery Studio Legale Associato’s banking and finance group is traditionally focused on lender work. Acting on domestic and cross-border transactions, Giancarlo Castorino is an expert in real estate and acquisition finance, and restructuring. Pierandrea Bonali was made partner in 2020.

Practice head(s):

Giancarlo Castorino

Other key lawyers:

Pierandrea Bonali; Francesco Romeo

Testimonials

Excellence in the service provided, great competence, and ability to solve problems and provide alternative solutions.

Pierandrea Bonali is one of the most competent lawyers we have ever worked with.

Key clients

Banca IMI S.p.A.

Bonfiglioli Riduttori S.p.A.

Banco BPM S.p.A.

BNP Paribas S.A.

Kryalos SGr S.p.A.

InvestiRE SGR S.p.A.

Intesa San Paolo S.p.A.

Natixis S.A.

UniCredit S.p.A.

Apollo Global Management LLC

Principia SGR S.p.A.

Prelios SGR S.p.A.

Palamon Capital Partners

UBI Banca S.p.A.

VRM S.p.A.

Work highlights

  • Advised a pool of Italian and international banks on a €1bn refinancing, which was granted to COIMA SGR in relation to a large real estate urban project (Porta Nuova) in central Milan.
  • Advised the lenders on €235m term loan facilities, which were granted in relation to joint venture agreements entered into between Stilo S.p.A. (Percassi group) and Orion Capital Managers, a real estate private equity firm.
  • Advised the lenders on a €190m term loan facility, which was granted to REAM SGR in its capacity as management company of Lendlease MSG 1 (Italy).

Osborne Clarke

Well known for lender-side real estate financings, Osborne Clarke's Italy team is also experienced in acquisition and leveraged finance, syndicated lending, and project finance. Andrea Pinto heads the team, which includes finance specialist Federica Greggio, and recently promoted banking and real estate finance expert Antonio Fugaldi.

Practice head(s):

Andrea Pinto

Other key lawyers:

Federica Greggio; Antonio Fugaldi; Laura Cipollone

Testimonials

Strong ability to mediate the different needs of counterparties.

We appreciate its experience in the real estate sector and ability to understand the needs of all parties involved.

Andrea Pinto is able to identify both technical and legal solutions.

Antonio Fugaldi stands out for his profound knowledge of banking and finance, his negotiation skills and his ability to manage transactions under high pressure. Notwithstanding his great workload, he is also always available for clients and regularly updates clients on their matters. This attitude is very important, as it reassures the client about the quality and timeliness of the work done.

Andrea Pinto and Antonio Fugaldi have great technical ability, availability and practical sense.

Key clients

Cassa Depositi e Prestiti S.p.A

Savills Investment Management LLP

Aareal Bank AG

Prelios Credit Servicing S.p.A

Bayerische Landesbank, Milan branch

BPER Banca S.p.A.

UBI Banca S.p.A.

Banca IMI S.p.A.

Unicredit S.p.A

Cassa di Risparmio di Bolzano S.p.A – Sparkasse

Natixis S.A .

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

Mount Street Mortgage Servicing Limited

Work highlights

  • Advised Italian investment bank, CDP, on the grant to UBI of a €500m loan through the subscription of a senior unsecured bond.
  • Assisted Natixis with the financing aspects of several real estate purchases by DeA Capital Real Estate SGR.
  • Advised Mount Street Mortgage Servicing, as agent and delegate primary servicer, on a complex, cross-border financing.

Studio Legale Associato a Watson Farley & Williams

Studio Legale Associato a Watson Farley & Williams' 'really skilled' team works across the firm's core industry sectors of energy, transport, infrastructure and real estate. Mario D’Ovidio is known for energy and infrastructure project finance matters, and Furio Samela is a shipping finance expert.

Practice head(s):

Furio Samela; Mario D’Ovidio

Other key lawyers:

Michele Autuori; Amelia Garavaglia

Testimonials

Excellent ability to solve contractual problems.

Great for timeliness and compliance with deadlines.

We really appreciate its professionalism and availability.

The qualities that I was able to discern were the firm’s professionalism and precision.

Professional, hardworking and available; the strengths of WFW also include extreme competence and very fast reaction times.

Perfect understanding of our industry by the partners; and the full availability and clear explanations of the associates made the transaction go very smoothly. The team’s negotiation skills also allowed the strengthening of our deal position.

Really skilled in export finance, with very fast and accurate feedback. I have hardly ever found this combination in other law firms.

Mario D’Ovidio is very much appreciated by clients.

Key clients

Cassa Depositi e Prestiti (CDP)

Deutsche Bank AG

Commerzbank AG

UniCredit S.p.A.

Banco BPM S.p.A.

Intesa Sanpaolo Group

Crédit Agricole

ABN AMRO

BNP Paribas

BPER Banca

Work highlights

  • Assisted HCOB with a restructuring procedure involving Perseveranza di Navigazione.
  • Advised Goldman Sachs International Bank and Deutsche Bank on all matters concerning the bankruptcy proceedings of Italian shipowner, Rizzo-Bottiglieri-De Carlini Armatori.
  • Advised CDP on a financing for Sanlorenzo, which is listed on the STAR segment of the Electronic Equity Market.

Studio Professionale Associato a Baker & McKenzie

Acting for Italian and international lenders and arrangers, Studio Professionale Associato a Baker & McKenzie's practice includes syndicated bank financing, acquisition and project finance, and debt restructuring. Alberto Fornari is a corporate and structured finance specialist, with further partner-level support provided by Ludovico Rusconi.

Practice head(s):

Alberto Fornari

Other key lawyers:

Ludovico Rusconi; Carlo Lichino; Giorgio Telarico

Testimonials

Prepared professionals who are speedy and accurate.

These professionals have demonstrated an ability to address a range of different issues.

They always have a proactive and commercial approach.

Wide-ranging knowledge and experience of the banking business and its legal and documentary issues.

Long and extensive experience in the field and a rich network of relationships in the sector.

Key clients

Banco BPM

Citigroup Global Markets Limited

Finanziaria Internazionale

KBC Bank

Zenith Service S.p.A.

Bergusia Limited

Credit Suisse International

Banca Imi

Work highlights

  • Assisted Banco BPM with a financing in favour of So.Ge.Mi., which related to the construction and operation of a wholesale food market in Milan.

Bird & Bird

Bird & Bird is constantly active in its assistance to major local and international banks, in relation to project, real estate, acquisition and corporate finance. Pierpaolo Mastromarini is an energy and utilities sector specialist, with further partner-level support provided by corporate group head Alberto Salvadè.

Practice head(s):

Pierpaolo Mastromarini; Alberto Salvadè

Other key lawyers:

Michele Arruzzolo; Daniele Pompei

Key clients

Iccrea BancaImpresa S.p.A.

Banco BPM S.p.A.

Intesa Sanpaolo S.p.A.

Banca IMI S.p.A.

Work highlights

  • Advised Intesa Sanpaolo on a revolving facility agreement, which was granted to Canadian Solar Construction for the development and construction of 12 photovoltaic plants.
  • Advised Intesa Sanpaolo on a €94m facility agreement for the refinancing of a part of loans that were granted by a pool of banks to Daunia Ascoli and Daunia Savignano, in relation to wind parks.
  • Advised MPS Capital Services on structuring a facility that was granted to AC HOTEL Milano.

CBA Studio Legale e Tributario

CBA Studio Legale e Tributario's 'very effective and quick' team comprises specialists in shipping finance, real estate finance, project finance and structured finance transactions (including LBOs). Regularly acting for major banks and financial institutions, Francesco Dialti has notable real estate and shipping sector expertise.

Practice head(s):

Francesco Dialti

Other key lawyers:

Vincenzo Cimmino

Testimonials

The banking team is very effective, quick and proactive in identifying solutions.

Excellent quality, together with a very personal service and attention to detail.

Francesco Dialti is always present, very prepared and up to date.

Francesco Dialti is an excellent professional who works directly on transactions and the quality of his work is excellent. He is different from some other law firms where some partners are focused on management tasks.

Key clients

Intesa Sanpaolo S.p.A.

Banca IMI S.p.A. (now merged into Intesa Sanpaolo S.p.A.)

Banco BPM S.p.A.

Iccrea BancaImpresa S.p.A.

illimity

CaixaBank, S.A.

UniCredit Leasing S.p.A.

DeA Capital

Work highlights

  • Advised the lender on the Italian law aspects of a senior secured term loan facility, from which Carnival Corporation borrowed two large sums in two tranches.
  • Advised a pool of cooperative banks on a €30m financing provided to Latteria Soresina.
  • Advised Banco BPM (as arranger and lender) and Iccrea BancaImpresa (as lender) on the project financing for the development of a composting plant.

CMS

CMS' Italy practice covers financing, refinancing and acquisition finance, as well as structured finance transactions, particularly in relation to asset-backed security deals. Paolo Bonolis has longstanding experience in banking and financial transactions, while Domenico Gaudiello heads the public finance department in Italy.

Practice head(s):

Paolo Bonolis

Other key lawyers:

Domenico Gaudiello; Massimo Trentino; Maria Giovanna Pisani

Testimonials

Very reactive and with very pragmatic solutions.

Very good and reliable.’

Excellent ability to work with in-house counsel, and a deep understanding of the Italian market and supporting regulations.

Domenico Gaudiello is highly responsive and his advice is both precise and concise.

Key clients

Bank Leumi

Aareal Bank AG

Commerzbank AG

VTB Bank PLC

Hercules Capital

Black Sea Trade Development Bank

Eurobank Bulgaria AD

Emirates NBD Bank PJSC

BNP Paribas

Work highlights

  • Advised oh the restructuring of a loan.

Curtis, Mallet-Prevost, Colt & Mosle LLP

Curtis, Mallet-Prevost, Colt & Mosle LLP's Italy team specialises in advising high-profile clients on complex financing transactions. In addition to substantial domestic corporate finance practices, Alfonso Annibale de Marco and Sergio Esposito Farber also assist with structured, real estate and project finance, as well as guarantees.

Practice head(s):

Alfonso Annibale de Marco

Other key lawyers:

Sergio Esposito Farber; Enrico Troianiello; Filippo Bianchi

Key clients

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

Banco BPM S.p.A.

Intesa Sanpaolo S.p.A. (formerly Banca IMI S.p.A.)

UBI Banca S.p.A.

Crédit Agricole Italia S.p.A.

ICCREA BancaImpresa S.p.A

Cassa Depositi e Prestiti S.p.A.

Work highlights

  • Advised a pool of banks on the finance documents surrounding a medium-term loan agreement that was granted to the ReLife Group, in relation to the construction of a refuse-derived plant in northern Italy.
  • Advised Cassa Depositi e Prestiti and Banca Monte dei Paschi di Siena on the finance documents for a €60m loan in favour of Piaggio & C., which concerned COVID-19-related temporary liquidity.
  • Advised MPS Capital Services Banca delle Imprese on granting a multi- purpose facility for the acquisition (among others) of a controlling stake in Bertoncello, a supplier of fresh pasta and ancillary products to Italy’s hypermarkets.

Giliberti Triscornia e Associati

Giliberti Triscornia e Associati's practice includes bilateral, syndicated acquisition and leveraged financing, along with project and real estate finance, and refinancing. Clients also benefit from the team's private equity expertise. The department's principal contacts are experienced partners Carmine Oncia and Federico Fischer.

Other key lawyers:

Carmine Oncia; Federico Fischer

Molinari e Associati

Molinari e Associati's 'very proactive' banking and finance team is experienced in advising banks and financial institutions on acquisition, property, corporate and structured finance. Ugo Molinari's broad practice ranges from LBO acquisition finance to structured finance and debt restructurings. Alessandro Fontana and Maria Milano provide additional partner-level support.

Practice head(s):

Ugo Molinari; Alessandro Fontana

Other key lawyers:

Maria Milano

Testimonials

‘Determined and dedicated to achieving results.

‘Competent, with a great work capacity.

Great professional skills and very proactive.’

Capable of providing solutions that create significant value for the client.

Great ability to provide solutions with added value, and an extremely proactive approach during operations that advances the process.

Ability to operate as a single team with the client, which greatly facilitates the execution of a deal.

Key clients

Unicredit

Aareal Bank

Banca IMI

Banca Monte dei Paschi di Siena

Banco BPM

Illimity Bank

Gruppo UBI

Work highlights

  • Advised a consortium of Italian banks on the sale of portfolios of UTP receivables.
  • Advised UBI Banca on a €250m loan, in relation to the acquisition, development and refurbishment of a portfolio of real estate assets in Milan.
  • Advised MPS and MPS Capital Services Banca per le Imprese on the sale of a portfolio of NPLs.

Nunziante Magrone

Acting for lenders and arrangers, Nunziante Magrone fields experts in corporate lending, acquisition finance, real estate finance and debt restructuring; the team is also experienced in NPL matters. Alessio Lombardo heads the banking and finance team, which includes banking and financial regulation specialist Priscilla Merlino.

Practice head(s):

Alessio Lombardo; Priscilla Merlino

Other key lawyers:

Priscilla Merlino

Testimonials

Highly competent.

Great for legal preparation and strong availability.

Alessio Lombardo shows a strong willingness to bring all parties closer together in order to close the deal.

Alessio Lombardo is solidly prepared and his client care is constant.

Work highlights

  • Assisted a group of Italian banks and financial institutions with the restructuring of the debt of Costruzioni Elettromeccaniche Umbre, which operates in the electromechanical sector.

Pavia e Ansaldo

Pavia e Ansaldo's lender-side practice acts on structured finance and the disposal of NPLs, among others. Mario Di Giulio's expertise includes the financing of infrastructure developments in eastern Africa. Banking and finance work is also part of Roberto Zanchi's broad practice.

Practice head(s):

Mario Di Giulio; Roberto Zanchi

Other key lawyers:

Caterina Luciani

Testimonials

The professionalism and availability of banking and finance expert Mario Di Giulio, and his ability to understand the needs of all parties, lead to the successful conclusion of deals.

Available and competent.

Key clients

Unicredit S.p.A.

Banca Generali

Deutsche Bank AG

Unicredit Bank Moscow

ICCREA Banca Impresa S.p.A.

Investire SGR

Credit Agricole Cariparma

Banca Akros S.p.A.

Credito Fondiario

Cassa Depositi e Prestiti

Bank of New York Mellon

Banche di Credito Cooperativo

U.S. Bank Global Corporate Trust Services

Calipso S.r.l.

Work highlights

  • Advised ICCREA BancaImpresa on its negotiations with the European Investment Bank and the Regions of Sicily and Campania, in relation to the utilisation of Jessica Funds (Joint European Support for Sustainable Investment in City Areas).
  • Advised ICCREA BancaImpresa on its negotiations with the European Investment Bank for the utilisation of European Funds for students’ higher education in southern Italy.
  • Acted for the banking arm of the world’s third largest insurance company in its successful appeal before Italy’s Supreme Court, in relation to the misconduct of financial advisers.