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A&O Shearman advises Leasys on its new EUR500 million bond

A&O Shearman advises Leasys on its new EUR500 million bond
A&O Shearman advised Leasys S.p.A. on the placement of a fixed-rate senior unsecured bond with a nominal amount of EUR500m, maturing on October 28, 2029.

The bond pays a fixed annual coupon of 4.350% and is documented under Leasys S.p.A.’s EUR10 billion Euro Medium Term Note (EMTN) program. Offered to institutional investors, the notes have been admitted to trading on the regulated market of Euronext Dublin. 

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

“This issuance forms part of Leasys’ funding strategy through the capital markets. We are pleased to have supported the company on a transaction that highlights the role of its EMTN program in accessing institutional investors.”

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