Press Release

White & Case Advises ACEA S.p.A. on Repurchase of €350 Million Partial Existing Notes via Tender Offer and Issue of €500 Million of New Notes Maturing in 2026

Global law firm White & Case LLP has advised Acea S.p.A. on the repurchase of approximately €350 million of its existing Notes by means of a cash tender offer and the issue of €500 million 1% Notes due 2026. The tender offer and new issuance form part of the Acea’s liability management strategy to optimise debt maturities and cost of debt.

Barclays, BNP Paribas and Deutsche Bank acted as global coordinators for the tender offer and Banca IMI and Crédit Agricole acted as dealer managers for the tender offer. All five banks acted as joint lead managers of the new issue.

The White & Case team which advised on the transactions was led by partners Michael Immordino (Milan & London) and Ferigo Foscari and local partner Paul Alexander together with associates Louise Ruggiero, Luca Bella and Davide Diverio (all Milan).

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