13 Nov 2025

Law firms advise on syndicated financing to LB Holding for acquisition of stake in Piazza Italia's parent from Pamaf

"LNL Parrella & Associati and Tesauro & Associati advised LB Holding on its acquisition from Pamaf of a 37% stake in Alma, the holding company of Piazza Italia. The deal was financed by a bank syndicate led by UniCredit and other lenders, with Gianni & Origoni advising UniCredit and the lending pool."

LNL Parrella & Associati and Tesauro & Associati – Studio Legale Tributario advised LB Holding, while Gianni & Origoni advised UniCredit and the lending syndicate. The transaction involved LB Holding's acquisition from Pamaf of a 37% stake in Alma, the company that holds the entire participation in Piazza Italia, an Italian fashion retail operator. The acquisition was supported by financing provided by a syndicate of banks. The financing was arranged by a bank pool led by UniCredit and comprising five other institutions: BNL BNP Paribas and Banca Monte dei Paschi di Siena acting as mandated lead arrangers capofila, with Cassa Depositi e Prestiti (CDP), Mediocredito Centrale and Banco di Desio participating as lead arrangers. LNL Parrella & Associati represented LB Holding with a team composed by: Luca Parrella (legal and tax counsel). Tesauro & Associati – Studio Legale Tributario represented LB Holding with a team composed by: Tommaso Carroli and Edoardo Palumbo (legal and tax counsel). Gianni & Origoni represented UniCredit and the lending syndicate with a team composed by: Eduardo Fiordiliso (partner), supported by associates Giacomo Tassini and Giovanni Bica (financing counsel).
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