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White & Case Advises Banca Farmafactoring on €300 Million Notes Issuance

Global law firm White & Case LLP has advised Banca Farmafactoring S.p.A. on the English and Italian law aspects of its €300 million 1.75% senior unsecured notes due May 2023, issued under Banca Farmafactoring's €1 billion Euro Medium Term Note Programme.

The notes have been listed on Euronext Dublin and sold to qualified institutional investors pursuant to Regulation S under the Securities Act. Moody's rated the Notes Ba1.

BFF Banking Group, listed on the Milan Stock Exchange since 2017, is the leading specialist player in the management and non-recourse factoring of trade receivables due from European public sector entities. 

The White & Case team which advised on the transaction comprised partners Michael Immordino (Milan & London) and Ferigo Foscari (Milan), local partner Paul Alexander (Milan), associates Angelo Messore and Louise Ruggiero and lawyer Olga Primiani (all Milan).

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