Clifford Chance is active across a broad range of debt capital markets work, including securitisations, EMTN programmes, standalone bond issuances, and liability management transactions. Filippo Emanuele frequently handles matters involving unrated bonds, while Gianluca Fanti advises clients on banking issues, debt restructuring, and general lending matters. Gioacchino Foti has a strong focus on debt issuances and regulatory capital. Tanja Svetina leads on NPL portfolio disposals and handles securitisations across various asset classes, as well as covered bond issuance programmes. Jonathan Astbury regularly represents banks and issuers in complex structured finance and bond issuance mandates. Alice Reali concentrates on covered bond programmes, true sale securitisations, and portfolio disposals. Giuseppe Barra Caracciolo is another key member of the team.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Clifford Chance debt team demonstrates outstanding technical expertise and commercial awareness, handling complex and high-value transactions with remarkable precision and efficiency.'
  • 'What truly sets the team apart is its collaborative culture- partners and associates work seamlessly together, ensuring consistent quality and responsiveness across all matters. The team's advice is always pragmatic, clear and tailored to clients' specific needs.’
  • ‘Jonathan Astbury stands out for his exceptional technical knowledge and strategic approach to complex debt transactions. He combines a deep understanding of market dynamics with a calm, solution-oriented attitude that inspires confidence among clients and colleagues alike.'
  • 'Jonathan Astbury is highly responsive and pragmatic, always able to translate complex legal concepts into clear, actionable advice. Overall, his professionalism, commercial insight, and approachable manner make him an invaluable asset to Clifford Chance.’
  • ‘Professionals are always highly responsive and able to interpret the client's needs effectively. The final result is of excellent quality and delivered precisely within the requested timeframe.’
  • ‘We appreciated the expertise of Gioacchino Foti and Tanja Svetina, who are both highly technical and interpersonal skilled.'
  • ‘This team is very good. They have a very strong position in the market, they are knowledgeable of market standards and regulatory matters.'
  • ‘Tanja Svetina is an outstanding lawyer with very good business acumen. She knows the market very well and has worked on the most innovative transactions. She has the ability to find good solutions to complex matters, balancing legal robustness with business needs.’

Key clients

  • Italian Ministry of Economy and Finance (MEF)
  • JP Morgan
  • Mediobanca
  • Intesa Sanpaolo
  • UniCredit Corporate & Investment Banking
  • Cassa Depositi e Prestiti
  • BPER Banca
  • Rai
  • Banca IFIS
  • Var Energi
  • Citigroup
  • Crédit Agricole CIB
  • Natixis
  • Morgan Stanley
  • Deutsche Bank
  • AMCO – Asset Management S.p.A.
  • Barclays

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Gianluca Fanti
Gianluca Fanti
Tanja Svetina
Tanja Svetina
Giuseppe Barra Caracciolo
Giuseppe Barra Caracciolo
Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Alice Reali
Alice Reali
Other key lawyers

Filippo Emanuele; Giuseppe Barra Caracciolo; Gianluca Fanti; Gioacchino Foti; Tanja Svetina; Jonathan Astbury; Alice Reali