"Legance Assists ASTM in €500 Million Senior Unsecured Bond Placement"

"Legance has assisted ASTM, a company involved in highway management and large infrastructure projects, in issuing a new senior unsecured bond worth 500 million euros with a six-year term. The bonds are part of ASTM's 5 billion euro Euro Medium Term Note Programme and are listed on Euronext Dublin. This move is part of ASTM's strategy to optimize debt management and enhance financial flexibility. The legal team from Legance included senior partner Andrea Giannelli and others, while White & Case supported the joint bookrunners, including major banks like BNP Paribas and J.P. Morgan."

**Press Release Summary** The law firms Legance and White & Case participated in a transaction involving ASTM, a company engaged in the management of highway networks and the design and construction of large infrastructure projects. Legance assisted ASTM, while White & Case represented a consortium of banks including Banca Akros, BNP Paribas, CaixaBank, Crédit Agricole CIB, IMI-Intesa Sanpaolo, J.P. Morgan, Mediobanca, Morgan Stanley, Santander, Société Générale, UBS, and UniCredit as joint bookrunners. The transaction involved the placement of a new senior unsecured bond amounting to €500 million with a duration of 6 years. The bonds were issued under ASTM's €5 billion Euro Medium Term Note Programme and are listed on Euronext Dublin. This operation is part of the group's strategy to continuously optimize debt management and maturities, thereby strengthening its financial structure and flexibility. Legance's team included senior partner Andrea Giannelli, partner Antonio Siciliano, counsel Silvia Cecchini, and associate Nicla Muscillo. The tax aspects were handled by senior counsel Riccardo Petrelli and associate Melania Giorgio. White & Case's team comprised partners Michael Immordino (London and Milan), Richard Pogrel (London), and Pietro Magnaghi, along with associate Roberta Monasterolo (Milan).

"Legance Assists ASTM in €500 Million Senior Unsecured Bond Placement"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads