Shearman And Sterling

News July 06, 2017

Shearman & Sterling Advises J.P. Morgan and UniCredit on €360 Million High Yield Bond Offering and €50 Million Credit Facilities Agreement

Shearman & Sterling acted as US law counsel to J.P. Morgan Securities plc and UniCredit Bank AG in the €360 million high yield bond issue of CMF S.p.A. (company entirely held by Manutencoop Società Cooperativa) and to J.P. Morgan Limited and UniCredit S.p.A. as lenders in the related €50 million super senior revolving credit facility. The transactions closed on July 7, 2017.

The Shearman & Sterling team included partners Tobia Croff (Milan–Capital Markets), Apostolos Gkoutzinis (London–Capital Markets), Valerio Fontanesi (Milan–Finance), Iain Goalen (London–Finance) and counsel Tommaso Tosi (Milan–Capital Markets), assisted by associates Randy Nahlé (London–Capital Markets), Camilla Zanetti (Rome–Capital Markets), Gaetano Petroni (Milan–Finance) and Camilla Hunter (London–Finance) and trainees Camilla Di Matteo (Rome–Capital Markets), Greta Dell’Anna (Rome–Mergers & Acquisition) and Umberto Milano (Rome–Mergers & Acquisition). Counsel Paolisa Nebbia (Rome–Antitrust) assisted with regard to the Italian and EU competition law aspects of the transaction.