White & Case, Ashurst and Clifford Chance acted on the offering.
Banco BPM S.p.A. finalized the issuance of its €400 million callable subordinated Tier 2 notes due 2032.
The notes have been issued under Banco BPM’s €25 billion Euro Medium Term Note Programme, listed on the Luxembourg Stock Exchange and offered and sold pursuant to Regulation S under the US Securities Act.
The White & Case team that advised Banco BPM on the transaction included partners Michael Immordino (London & Milan) and Ferigo Foscari (Milan) and associate Pietro Magnaghi (Milan).
The Ashurst team was led by partner Michele Milanese supported by trainee Federico Squarcia.
Clifford Chance advised Banca Akros S.p.A. – Gruppo Banco BPM, Barclays Bank Ireland PLC, Credit Suisse Bank (Europe), S.A., Goldman Sachs International, J.P. Morgan AG, Société Générale – with a team led by partners Filippo Emanuele and Gioacchino Foti, with senior associate Jonathan Astbury, associate Francesco Napoli and trainee lawyer Julia Chobanyan.
Involved fees earner: Michele Milanese – Ashurst; Federico Squarcia – Ashurst; Jonathan Astbury – Clifford Chance; Julia Chobanyan – Clifford Chance; Filippo Emanuele – Clifford Chance; Gioacchino Foti – Clifford Chance; Francesco Napoli – Clifford Chance; Ferigo Foscari – White & Case; Michael Immordino – White & Case; Pietro Magnaghi – White & Case;