Luther S.A. advises Lagfin S.C.A on its successful Euro 536 million bond placement and concurrent repurchase of bonds

The new bonds, due 2028, will be able to be exchanged in ordinary shares of Davide Campari-Milano N.V. and have been admitted to trading on the “Vienna MTF” market of the Vienna Stock Exchange. The proceeds of the new issue are intended to fund the repurchase of the previous bonds, as well as to support the company’s activities.

Luther S.A., with a team made up of partner Bob Scharfe, senior associate Marion Lanne, managing associate Georgios Patsinaridis and associates Rafaella Gavrielidou and Yassine Bouzetit, worked alongside Pedersoli, who assisted Lagfin as lead counsel on Italian law aspects, with a team led by equity partners Prof. Eugenio Barcellona and Marcello Magro, and made up of junior partner Leonardo Bonfanti, associates Carlo Ranotti and Riccardo Monge and trainees Antonio Nisi and Giulia Ambrosiani. Professionals of Wolf Theiss, with a team made up of partner Claus Schneider and counsel Nevena Skocic, handled the aspects related to the listing of the new Bond on the Vienna MTF of the Vienna Stock Exchange. Tax profiles of the transaction were handled by Studio Biscozzi Nobili Piazza, with a team made up of partners Andrea Spinzi and Massimo Foschi.

BNP Paribas and Crédit Agricole CIB acted as structuring global coordinators in the offer of the new bonds; BNP Paribas, Crédit Agricole CIB, Mediobanca-Banca di Credito Finanziario S.p.A., Société Générale and UniCredit Bank AG acted as joint global coordinators and joint bookrunners of the offer of the new bonds and joint dealer managers in the concurrent repurchase of the bonds due 2025.

Linklaters assisted the banks with a team made up of partner Ugo Orsini and managing associate Laura Le Masurier, both based in the Milan office, and partner Ben Dulieu and trainee Francesca Nash, both based in the London office. Linklaters also assisted the trustee with a London-based team comprising partner Neil Pallender, managing associate James Pearce and associate Sarah Whittaker.

Contacts:

Luther, Banking, Finance and Capital Market: Bob Scharfe (Avocat à la Cour, Partner, Lead), Marion Lanne (Avocate, Senior Associate), Georgios Patsinaridis (Managing Associate), Rafaella Gavrielidou (Associate), Yassine Bouzetit (Associate)