DLA Piper has advised Italian based company Prysmian S.p.A. on its placement of €300 million of 1.25% of equity-linked bonds to institutional investors, due in 2018. Prysmian is the world’s leading producer of high-technology cables and systems for the energy and telecommunications industries.
Michael Bosco, partner and Head of Equity Capital Markets in Italy, led the DLA Piper team, and advised Prysmian on US law, while Finance and Projects partner Martin Pugsley advised on English law matters. Associate Vincenzo Armenio took the lead on documentation.
Michael Bosco commented: “We are very pleased to have assisted Prysmian on this important transaction, which underscores the increasing strength of the firm’s cross-border capital markets practice across EMEA and in Italy in particular.”
The offering was managed by BNP PARIBAS, HSBC Bank plc, J.P. Morgan Securities plc and Mediobanca – Banca di Credito Finanziario S.p.A.
