A&O Shearman advises on EUR2.65 billion financing for Prysmian’s acquisition of Atkore

The financing will fund part of the consideration for Prysmian’s acquisition of Atkore, a leading U.S.-based provider of electrical infrastructure solutions. On October 7, 2026, Prysmian announced that holders of a majority of the outstanding common shares of Atkore Inc. (NYSE: ATKR) had voted to approve the merger agreement entered into on August 2, 2026.

A&O Shearman advised the syndicate of financial institutions that underwrote the financing: BNP Paribas – Italian Branch, Crédit Agricole Corporate and Investment Bank, Milan Branch and Morgan Stanley Bank AG as joint bookrunners and mandated lead arrangers and original lenders under both facilities, and Mediobanca International (Luxembourg) S.A., UBS Europe SE and Bank of America Europe DAC as lenders under the EUR500m term facility agreement. In the transaction, Crédit Agricole Corporate and Investment Bank, Milan Branch also acts as facility agent and documentation agent.

A&O Shearman’s cross-border team was led by partner Stefano Sennhauser, supported by senior associate Alessandro Carta Mantiglia Pasini, trainee Laura Margelli and legal intern Carlo Ponti di Sant’Angelo, with counsel Elia Ferdinando Clarizia advising on tax matters. The A&O Shearman U.S. team comprised partner Michael Chernick and counsel Livia Talenti.