Capital Markets

Cleary is a recognised ECM department primarily acting on IPOs and delistings. The law firm has a well-reputed international reach and multidisciplinary approach bolstered by a network of offices around the world. The team's clients include issuers hailing from a mix of industries, in particular manufacturing. Cleary also provides cross-practice support which features relevant tax or labour assistance.

Clients approve of the team's "commercial and problem-solving approach." A further source comments: "Cleary are extremely good in innovating processes leveraging on their international experience."

"The team are very connected to the business and able to see the large picture," affirms another interviewee.

Advised Falck Renewables on the offering of Italian green bonds convertible into ordinary shares, valued at EUR200 million.

Nicole Puppieni is experienced in the offering of green bonds convertible into ordinary shares, the listing of shares and ECM regulatory compliance matters, as well as handling voluntary exchange offers. "She is oriented towards finding solutions and is very good in negotiations," one client asserts.

Associate-to-watch Rosa Parmose is praised by clients who report that she is "extremely proactive and ready to assist." She has experience assisting Italian banks and listed companies with a range of ECM transactions.