Tobia Croff is a partner in the Corporate Group practicing in Italy, advising various financial institutions and corporations in connection with equity as well as debt capital markets transactions, public and private mergers and acquisitions, and joint ventures.
He started in the firm's New York office in 1999, practicing U.S. domestic and cross-border M&A. A resident of the Italian offices since 2003, he has developed significant expertise in debt (particularly High Yield) and equity capital markets transactions, while continuing his corporate practice, with a particular focus on cross-border deals.
- Ubi Banca on the international aspects of its €400 million rights offering (Rule 144A/Reg S) in 2017.
- Nuovo Trasporto Viaggiatori in its debut issuance of €550,000,000 Senior Secured Floating Rate Notes due 2023 and related €160,000,000 Credit Facilities Agreement (144A/Reg S).
- JP Morgan and UniCredit as Initial Purchasers for the proposed issuance by CMF, an affiliate of Manutencoop Facility Management, of €420,000,000 Senior Secured Notes due 2022 and related €50,000,000 Revolving Credit Facility (144A/Reg S).
- Cooperativa Muratori & Cementisti-C.M.C. di Ravenna Società Cooperativa (CMC) on its €250 million high yield bond offering. The €250 million senior notes mature in 2022 and have a fixed coupon of 6.875%.
- Veneto Banca on the international aspects of its rights offering and simultaneous listing on the Italian stock exchange.
- Banco Popolare – Società Cooperativa (Banco Popolare) in connection with its 2016 approximately €1 billion rights issue.
- The underwriters, led by Bank of America-Merrill Lynch, Citigroup, Banca IMI, Mediobanca e Unicredit, with respect to the international aspects of Poste Italiane’s initial public offering and concurrent listing of its ordinary shares on the Mercato Telematico Azionario – STAR Segment organized and managed by Borsa Italiana S.p.A
- Viacom on the agreement with Sky Group for the change of ownership to Sky of the company Nuova Società Televisiva Italiana S.r.l., formerly MTV Italy S.r.l. and on its purchase from Sky Italia of the authorization to broadcast a channel on Italian digital terrestrial television and the related channel numbering.
- Banca Sistema S.p.A. on the international aspects of its initial public offering and concurrent listing of its ordinary shares on the Mercato Telematico Azionario – STAR Segment.
- Banca Carige S.p.A. on the international aspects of its €850 million rights offering in 2015 and its €800 million rights offering in 2014.
- The Joint Global Coordinators and Joint Bookrunners in connection with €3 billion rights offering of Banca Monte dei Paschi di Siena S.p.A.
- Alerion Clean Power S.p.A. in connection with its offering of €130 million 6.00% Unsecured Notes due 2022.
- TREVI-Finanziaria Industriale S.p.A. in connection with the international aspects of its €200 million rights offering.
- The initial purchasers in an offer by Snai S.p.A. of €110,000,000 7.625% Senior Secured Notes due 2018.
- Cooperativa Muratori & Cementisti – C.M.C. di Ravenna Società Cooperativa (“CMC”) in connection with CMC’s Rule 144A and Regulation S €300 million 7.500% Senior Notes due 2021. CMC is the first Italian cooperative company to directly issue this type of debt instrument.
- The initial purchasers in an offer by Snai S.p.A. of €320,000,000 7.625% Senior Secured Notes due 2018 and €160,000,000 12.000% Senior Subordinated Notes due 2018.
- Astaldi S.p.A. in the issuance of its €500 million 7.125% Senior Notes due 2020 and of its additional €100 million and €150 million 7.125% Senior Notes due 2020 (Rule 144 and Reg S).
- The initial purchasers in the issuance by Manutencoop Facility Management S.p.A. of €425 million 8.5% Senior Secured Notes due 2020, and the lenders in the related €30 million Super Senior Revolving Credit Facility.
- Viacom in connection with: (i) the acquisition from Telecom Italia Media S.p.A. of the 51% of MTV Italia S.r.l. it did not already own; (ii) the acquisition of a strategic interest in Rainbow S.p.A., a privately-owned kids animation and consumer products company; and (iii) other Italian and cross-border corporate matters.
- Dada S.p.A. and its Board of Directors in connection with the acquisition by Orascom of a majority stake in Dada from RCS Mediagroup S.p.A. and the subsequent mandatory tender offer.
- The Dada Group, a leading provider of mobile entertainment services, in connection with all matters relating to its worldwide strategic partnership with Sony Music Entertainment and, previously, the acquisition of all of the stock of UPOC Networks Inc.
- The Coesia Group, a leading Italian manufacturer of packaging equipment, in connection with the acquisition of Oystar North America from Oystar International GmbH, and certain other corporate matters.
- Banca Popolare di Milano in connection with its €800 million rights offering.
- Olmi S.p.A., an Italian company engaged in design and manufacturing of heat exchangers, and its shareholders, in the sale of the entire share capital of Olmi to Alfa Laval Corporate A.B.
- aabar Investments PJSC in connection with its 6.5% investment in UniCredit S.p.A.
- Dassault Systèmes in connection with its acquisition of IBM’s sales and client support business relating to Dassault’s product lifecycle management software.
- aabar Investments PJSC in the acquisition of a 3.3% interest in the share capital of Atlantia, the holding company of Autostrade per l’Italia, from the UniCredit Group.
- Gaselys, a joint venture between Société Générale and Gaz de France engaging in commodities trading, in connection with the establishment and qualification with the regulatory authorities of its Italian branch.
- Whitehall Funds, a family of real estate funds managed by The Goldman Sachs Group, in its takeover of Berenice, the Italian real estate investment fund managed by the Pirelli Group.
- Sorin S.p.A., a multinational biomedical devices manufacturer, in its acquisition of Datascope Inc.’s Endoscopic Vein Harvesting business.
- GFKL, a German financial services company, in connection with the establishment in Italy of its non-performing loan portfolio investment platform.
- Polynt S.p.A., an Italian chemical company, in connection with various corporate and domestic and cross-border mergers and acquisition matters.
- MetroGAS S.A. in its public exchange offer to its noteholders residing in Italy in connection with the global restructuring of its financial indebtedness.
- Allianz AG in the acquisition of all of the shares of RAS S.p.A. that it did not already own and the subsequent merger of RAS S.p.A. into Allianz AG to form a European Company.
- UniCredito Italiano S.p.A. on a recurring basis in connection with its U.S. Medium Term Note, Extendible Floating Rate Note and Commercial Paper programs and in its issue of guaranteed notes exchangeable into common shares of Assicurazioni Generali S.p.A..
- Hypo Real Estate Bank International in connection with the worldwide reorganization of its real estate lending business.
- Stark Investment in connection with an investment in Parmalat in the context of the extraordinary administration of the company.
- The Italian Ministry of Economy and Finance in the placement of preferential subscription rights in connection with the capital increase of Alitalia S.p.A.
- Buongiorno Vitaminic S.p.A. in various private equity and other corporate transactions.
- Cadbury Schweppes plc in the acquisition of the Adams confectionery business from Pfizer Inc.
- Corning Inc. in the sale of Corning Precision Lens Inc. to 3M Company.
- Several primary financial institutions acting as the financial advisors in various public and private merger and acquisition transactions.
- Credit Suisse First Boston (USA), Inc. in connection with the sale of CSFBdirect Inc. to Bankmont Financial Corporation.
- The Thomson Corporation in its acquisition of certain assets of Harcourt, Inc. from Reed Elsevier Inc.
Università degli Studi di Roma “La Sapienza”
Laurea in Giurisprudenza (J.D. equivalent)
University of Chicago Law School