30 Oct 2025

"Legal Firms Assist Bain Capital's Castello Bidco in €110 Million Senior Secured Bond Issuance"

"Several prominent law firms, including Paul Weiss, Latham & Watkins, Ropes & Gray, Pirola Pennuto Zei & Associati, PedersoliGattai, and Milbank, provided legal assistance for the issuance of a €110 million senior secured bond by Castello Bidco, the parent company of Somacis Group and controlled by Bain Capital. The bond, with a variable interest rate, is set to mature in 2031. Each firm contributed expertise in areas such as U.S., English, and Italian law, corporate matters, finance, capital markets, regulatory issues, and taxation."

The law firms Paul, Weiss, Rifkind, Wharton & Garrison LLP, Latham & Watkins, Ropes & Gray, Pirola Pennuto Zei & Associati, PedersoliGattai, and Milbank provided legal assistance in connection with the transaction. Paul Weiss, Latham & Watkins, Ropes & Gray, and Pirola Pennuto Zei & Associati assisted the issuer, Castello Bidco, and Bain Capital, while PedersoliGattai and Milbank advised the purchasers. The transaction involved the issuance of an additional senior secured bond worth €110 million by Castello Bidco, the parent company of the Somacis group, which is controlled by Bain Capital. The bond has a floating interest rate and matures in 2031. The legal teams involved in the transaction were as follows: - **Paul, Weiss, Rifkind, Wharton & Garrison LLP**: Assisted the issuer and Bain Capital on U.S. and English law matters. The team was led by partners Neel Sachdev, Matthew Merkle, Kanesh Balasubramaniam, and Nicolò Ascione, and included associates Marco Bagnato, Shaun Ou, and Ester Zucchelli. - **Latham & Watkins**: Assisted the issuer on Italian law matters. The team was led by partner Marcello Bragliani, with counsel Erika Brini Raimondi and associates Francesca Parisini and Lorenzo Suzzi for finance matters; partner Antonio Coletti with associates Marco Bonasso and Lorenzo Rovelli for capital markets matters; and partner Cesare Milani with associate Edoardo Cassinelli for regulatory aspects. - **Ropes & Gray**: Assisted the issuer on corporate matters under Italian law. The team was led by partners Cataldo Piccarreta and Luca Maranetto, and included Riccardo Masaro and Marianna Pessi. - **Pirola Pennuto Zei & Associati**: Assisted the issuer on tax aspects of the transaction. The team was led by partner Nathalie Brazzelli, supported by associate partner Filippo Davide Jurina. - **PedersoliGattai and Milbank**: Assisted the purchasers on Italian law matters. The team was led by partner Gaetano Carrello, with senior counsel Silvia Pasqualini and associates Matteo Zoccolan and Virginia Crugnola. Tax aspects were handled by partner Cristiano Garbarini, with counsel Valentina Buzzi.
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