White & Case Advises on Messina Group Restructuring Agreement

Press Release
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1 min read

Global law firm White & Case LLP has advised UBI Banca, Intesa Sanpaolo, UniCredit, Banca Passadore, Banco BPM, Banca Monte dei Paschi di Siena, Banca Nazionale del Lavoro and Kerma SPV and Nuova Frontiera SPV on the financial restructuring of the Messina Group, a historic Italian shipping group based in Genoa and specialized in international shipping services. 

The agreement, signed on June 30 2020, is part of a broader project to strengthen and relaunch the Messina Group through the acquisition by the private shipping company Marinvest S.r.l. of a 49 percent stake in Ignazio Messina & C. S.p.A. and a 52 percent stake in RoRo Italia S.p.A., the two Messina Group companies that collectively own a fleet of vessels and associated terminal concessions in the port of Genoa, Italy. 

The White & Case team in Milan which advised on the transaction comprised partner Andrea Novarese, associate Tiziana Germinario and lawyer Francesco Mozzone.

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