Press Release

White & Case Advises Morgan Stanley on Alitalia's Private Placement

Global law firm White & Case LLP has advised Morgan Stanley, as Sole Underwriter, on a private placement by Alitalia – Società Aerea Italiana S.p.A., the leading Italian air carrier, of its €375 million 5.25 percent senior unsecured notes due 2020.

The Notes are being offered in accordance with Regulation S of the US Securities Act and will be listed on the Irish Stock Exchange.

The White & Case team which advised on the transaction included partners Michael Immordino (London & Milan) and Ferigo Foscari, local partner Paul Alexander, associate Louise Ruggiero and lawyer Davide Diverio (all Milan).

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