A&O Shearman advises on Ali Group’s USD1.75 billion refinancing

A&O Shearman advised the financial institutions providing the financing: Bank of America, N.A., London Branch, BNP Paribas Italian Branch, ING Bank N.V., Milan Branch, Wells Fargo Bank, N.A., Mediobanca International (Luxembourg) S.A., and Intesa Sanpaolo S.p.A., New York Branch acting as mandated lead arrangers and original lenders. Bank of America, N.A., London Branch and BNP Paribas Italian Branch acted also as Global Coordinators and Bookrunners.

The A&O Shearman team was led by counsel Luca Maffia and partner Pietro Scarfone, supported by associate Alessandro Carta Mantiglia Pasini and trainee Antonio Bussolino, with counsel Elia Ferdinando Clarizia for tax matters. The transaction also comprised partner Robert Burt for English law matters, and a team composed of partner Michael Chernick, consultant Livia Talenti, associates Ludovica Ducci and Nizamuddin Shaikh for US law matters, with counsel Dustin Plotnik and associate Kelly Zhao for US tax aspects.