Shearman & Sterling acted as legal advisor to Cooperativa Muratori & Cementisti – C.M.C. di Ravenna Società Cooperativa (“CMC”) in connection with CMC’s Rule 144A and Regulation S €300 million high yield bond offering. CMC is the first Italian cooperative company to directly issue this type of debt instrument.

CMC is the fourth-largest Italian construction group by revenue, specializing in complex infrastructure projects in Italy and other countries.

The Team