Capital Markets: Securitisation
Europe Guide 2024 : Italy
Band 1
Email address
[email protected]Contact number
+39 02 32 160 400About
Provided by Studio Legale Cappelli RCCD
Cappelli RCCD draws on broad and in-depth expertise in every area of capital markets and advises Italian and international corporates, banks and financial institutions. The Firm assists its clients in relation to extraordinary transactions and on an ongoing basis, relying on a large team which includes both Italian lawyers and solicitors.
In particular, our lawyers have significant experience in relation to new issuances, offerings and listings of debt securities (including subordinated and structured notes, mini-bonds, certificates of deposit and covered warrants), and liability management transactions under both domestic and international documentation. The Firm has a strong focus on sustainable finance and on the issuance of ESG products such as green bonds, and it has established a dedicated “green team”.
The Firm also regularly advises on IPOs, share capital increases, rights offerings, public tender offers, takeover bids, issuance of equity-linked bonds and other similar equity capital markets transactions.
Furthermore, the Firm advises its clients in relation to derivatives transactions, including equity and credit derivatives, drawing on expertise that covers the whole set of ISDA documentation.
Chambers Review
Cappelli Riolo Calderaro Crisostomo Del Din & Partners is a leading Italian boutique showcasing remarkable strength in connection with a wide range of complex structured finance mandates, including synthetic securitisations, covered bond programmes and NPL deals. The law firm also provides advice on hybrid bonds and other debt instruments, and complements its capital markets offering with strong regulatory expertise. The team advises an impressive roster of prominent national and international names from the financial, banking and insurance sectors.
Work Highlights
- Cappelli Riolo Calderaro Crisostomo Del Din & Partners advised BPER Banca on an innovative fully dematerialised EUR500 million EMTN bond issue with an Italian common depositary.
Strengths
Provided by Chambers
"Cappelli's experienced, scrupulous and precise lawyers have multidisciplinary expertise in order to support us on different complex matters."
"Cappelli consistently demonstrates a willingness and ability to go the extra mile in defining and implementing solutions to complicated structural and commercial challenges."
"The support provided by Cappelli is effective and on point, with a very strong focus on the client's needs and sensitivities."
"Cappelli's experienced, scrupulous and precise lawyers have multidisciplinary expertise in order to support us on different complex matters."
"Cappelli consistently demonstrates a willingness and ability to go the extra mile in defining and implementing solutions to complicated structural and commercial challenges."
"The support provided by Cappelli is effective and on point, with a very strong focus on the client's needs and sensitivities."
Notable Practitioners
Alberto Del Din is a highly esteemed figure in secured finance who frequently advises clients on large-scale securitisation mandates. His clients often include asset management firms.
"Alberto Del Din is one of the most experienced lawyers in the securitisation market. As such, he has the ability to assist the client with a broad scope of activities with accuracy."
Paolo Calderaro is widely considered to be a market leader in securitisations and has a notable wealth of expertise in high-profile transactions involving NPL portfolios. He is frequently seen advising major clients, including international banks.
"Paolo Calderaro is extremely strong both on granular details and in providing assistance with managing relationships."
Michele Crisostomo is an acclaimed lawyer who is widely recognised for his DCM expertise. He also offers clients assistance with regulatory matters.
"Michele is an excellent professional with strong commercial capabilities."
"Michele Crisostomo has a solid knowledge of markets and is innovative and creative. He is good at negotiating, as well as being flexible and commercial."
Marcello Maienza is an adept lawyer who advises clients on the structuring of receivables and basket bond securitisations on behalf of the originator. He has also experience in handling bond issuances.
"Marcello is very knowledgeable and helpful."
Stefano Agnoli is best known for his work on securitisation and structured finance mandates. He advises a variety of clients including investment management firms and government branches.
"Stefano Agnoli is particularly able to analyse complex matters and assist the client with assessing the consequences and ramifications of decisions."
Elio Indelicato is highly regarded for his expertise in securitisation and covered bond mandates, as well as assisting with the structuring of investment platforms for non-performing assets.
"Elio's strong work ethic, extensive knowledge and commercial mindset stand out and provide a phenomenal asset to his clients during negotiations and the structuring of complex transactions."
"Elio Indelicato is flexible in his ways of working to adapt to the needs of the client. He is able to strike a good balance between the legal and commercial implications of a negotiation, and is creative in finding solutions."
Ranked Lawyers at
Studio Legale Cappelli RCCD
Italy
Members
Provided by Studio Legale Cappelli RCCD