White & Case advises Coop Allenza on €560 million refinancing

Press Release
1 min read

Global law firm White & Case LLP has advised Coop Allenza 3.0 Soc. Coop. (Coop Alleanza) on its €560 million debt refinancing. 

The refinancing includes a bilateral margin loan facility agreement with UniCredit for a maximum total value of €200 million, and a mortgage term facility agreement for a maximum total value of €360 million with a pool of lenders including Intesa Sanpaolo, UniCredit, Banco BPM and BPER Banca. 

Coop Alleanza is the biggest Italian consumers' cooperative by number of shops, members and revenues and the biggest European consumers' cooperative with 2,700,000 members.

The White & Case team in Milan that advised on the transaction included partners Leonardo Graffi and Andrea Novarese, local partner Tiziana Germinario and lawyers Lorenzo Grampa and Lorenzo Suzzi.

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