Global law firm White & Case LLP has advised Italian insurer ITAS Mutua on a €60 million Tier 2 subordinated Eurobond.
The subordinated bond issuance is the first Tier 2 issued by an insurance company under the new Solvency II regime and will be listed on the regulated market of the Irish Stock Exchange. Société Generale acted as sole lead manager and sole structuring manager, and Banca Profilo acted as co-lead manager.
The White & Case team in Milan which advised on the transaction was led by partner Paola Leocani and local partner Paul Alexander with support from associates Baldassarre Battista and Martina Ferraro.
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