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A&O Shearman advises Leasys on EUR750 million senior bond

A&O Shearman advises Leasys on EUR750 million senior bond

A&O Shearman advised Leasys S.p.A. on a fixed-rate senior unsecured bond with a nominal value of EUR750m with maturity on July 27, 2030, intended for institutional investors.

The bond pays a fixed annual coupon of 3.700% and is documented under the EUR10 billion euro medium term notes (EMTN) programme of Leasys S.p.A. The notes have been admitted to listing on the regulated market of the Irish Stock Exchange, Euronext Dublin.

The A&O Shearman team was led by partner Cristiano Tommasi with counsel Sarah Capella, supported by senior associate Elisabetta Rapisarda and associate Lisa Avitabile. Elia Ferdinando Clarizia, counsel, advised on tax.

“We are pleased to have assisted a leading player such as Leasys on this transaction.”

Cristiano Tommasi, partner, commented: “We are pleased to have assisted a leading player such as Leasys on this transaction. The placement reflects the central role of the capital markets for industrial and financial issuers with sophisticated funding needs and a significant European presence.”

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