Industrie De Nora And De Nora Holdings US’s €200 Million And $100 Million Financing

Latham & Watkins advised De Nora, while White & Case advised a group of lenders on the transaction.

The lenders granded a €200 million credit facility to Industrie De Nora and a US$100 million credit facility to De Nora Holdings US.

The financing will be used to refinance existing indebtedness and support the working capital needs and general corporate purposes of the De Nora group.

The group of lenders included Banca Nazionale del Lavoro, Banco BPM, Intesa Sanpaolo, Mediobanca and UniCredit as mandated lead arrangers, bookrunners and original lenders, Banca Popolare di Sondrio as original lender, and UniCredit acting as agent.

The Latham & Watkins team was led by counsel Mauro Saccani and included associates Erika Brini Raimondi, Nicola Dall’Acqua, partner Kendra Kocovsky, associate Sara Shahmiri, partner Jocelyn Noll, associate Ted Gkoo, and partner Hiroki Kobayashi.

De Nora’s in house team included general counsel Silvia Bertini.

The White & Case team that advised on the transaction included partners Iacopo Canino (Milan), Joseph Brazil and David Dreier (both New York), local partner Bianca Caruso (Milan) and associates Angelo Salis (Milan), Bettina de Catalogne (Paris) and Grayson Weeks (New York).

Involved fees earner: Erika Brini Raimondi – Latham & Watkins; Nicola Dall’Acqua – Latham & Watkins; Ted Gkoo – Latham & Watkins; Hiroki Kobayashi – Latham & Watkins; Kendra Kocovsky – Latham & Watkins; Jocelyn Noll – Latham & Watkins; Mauro Saccani – Latham & Watkins; Sara Shahmiri – Latham & Watkins; Joseph Brazil – White & Case; Iacopo Canino – White & Case; Bianca Caruso – White & Case; Bettina de Catalogne – White & Case; David Dreier – White & Case; Angelo Salis – White & Case; Grayson Weeks – White & Case;

Law Firms: Latham & Watkins; White & Case;

Clients: Banca Nazionale del Lavoro; Banca Popolare di Sondrio; Banco BPM S.p.A.; De Nora Holdings US, Inc.; Industrie De Nora S.p.A.; Intesa Sanpaolo S.p.A.; Mediobanca; Unicredit S.p.A.;