Banking & Finance: Financial Services Regulation
Global Guide 2024 : Italy
Band 3
Contact number
+39 02 806 341Chambers Review
Clifford Chance is a strong magic circle firm with outstanding international capabilities in the field of banking and finance, bolstered by an impressive network in addition to the team's English and US law expertise. The department is perfectly equipped to handle high-end acquisition finance deals, leveraged mandates and key infrastructure and real estate financings. The law firm has further proficiency in ESG-linked and term loan facilities as well as being adept at assisting with SACE-backed facilities and high-yield bond financings. Its client roster notably features major banks as well as blue-chip borrowers.
Work Highlights
- Clifford Chance acted for the lenders on a EUR1.5 billion financing to Edizione for debt refinancing purposes, which included assisting Crédit Agricole with a EUR500 million bilateral revolving loan and advising a pool of international banks on a EUR1 billion term and revolving loan.
Strengths
Provided by Chambers
"Clifford Chance provide very good project management and very good specialist knowledge, and know how to distinguish important issues from less important ones."
"Clifford Chance are capable of understanding and structuring very complex transactions, including acquisition financing and standard refinancing topics."
"They are extremely careful to identify sensible solutions from a business perspective and flag any situation in which there may be a deviation from market practice."
"Working with Clifford Chance was a very pleasant experience. The partner and his team brought flexibility in the way they operated, they were good listeners, and they were always available."
"They consistently assisted us with identifying effective solutions to handle complex or potentially risky issues."
"Clifford Chance provide very good project management and very good specialist knowledge, and know how to distinguish important issues from less important ones."
"Clifford Chance are capable of understanding and structuring very complex transactions, including acquisition financing and standard refinancing topics."
"They are extremely careful to identify sensible solutions from a business perspective and flag any situation in which there may be a deviation from market practice."
"Working with Clifford Chance was a very pleasant experience. The partner and his team brought flexibility in the way they operated, they were good listeners, and they were always available."
"They consistently assisted us with identifying effective solutions to handle complex or potentially risky issues."
Notable Practitioners
Charles Adams is an outstanding lawyer with a vast amount of experience in advising borrowers and lenders on term loan facilities and high-yield bond financings as well as sustainability-linked transactions. He is Clifford Chance's global managing partner and is dual-qualified in Italy and in England and Wales.
"Charles Adams is well known and has a great reputation."
Giuseppe De Palma is an acclaimed lawyer at Clifford Chance who has considerable experience advising both lenders and borrowers on acquisition financing and SACE-backed facilities. He is also well versed in refinancings, in restructurings and in handling real estate finance deals, such as for the purchase of property portfolios and the development of new properties.
Lucio Bonavitacola has a broad practice that includes regulatory advice for acquisitions and investment fund-related work, with particular experience in regulatory filings and authorisation processes with the Bank of Italy and other regulatory authorities.
"Lucio Bonavitacola provides excellent competence and availability."
Ferdinando Poscio is a well-regarded lawyer who frequently advises clients on high-yield bond financings, term loan facility transactions and acquisition financing. In these matters he represents both borrowers and lenders.
"Ferdinando Poscio is professional, passionate and a problem solver."
David Neu is based in Clifford Chance's Munich office and is a counsel who is qualified both in England and Wales and in Italy. He assists with corporate lending activity in Italy and with matters involving European Investment Bank-related financing to Italian firms.