Alessandro Nolet | White & Case LLP International Law Firm, Global Law Practice

Alessandro Nolet

Partner, Milan, Hong Kong

T +39 020 068 8420

T +852 2822 0411

E [email protected]

Overview

Alessandro Nolet has almost 15 years of experience in the areas of international finance and restructuring. He advises lenders, corporates and private equity firms on a broad range of debt instruments, including a variety of loan facilities, high yield bonds and related derivatives in Europe, Asia and the USA.

BANKING & FINANCE AND DEBT RESTRUCTURING:

Alessandro worked on a large number of banking & finance and restructuring transactions over the past decade and has been ranked by Chambers Europe (Italy) for his restructuring capabilities. In particular he is praised by clients for his round-the-clock availability.

CLIENTS:

Alessandro works with a diverse group of investment banks, corporate clients and private equity firms including: Amplifon, SIA, CVC Capital Partners, UniCredit, UBI Banca, Banco BPM, Citic Capital, TPG, PAG Asia, Hony Capital, MBK Partners, Hillhouse, Temasek, Anchorage, First Reserve, Oaktree, Avenue Capital, Golden Tree, Barclays, Morgan Stanley, Citibank, AsiaInfo Technologies, Falck Renewables, Lenovo, McDonalds Corporation, Rosneft, SARAS, Sogefi and Wind Telecomunicazioni.

Bars and Courts

  • England and Wales
  • Italian Bar
  • Hong Kong

Education

  • Bachelor of Civil Law, Oxford University
  • Legal Practice Course, Oxford Institute of Legal Practice
  • LLM, International Commercial Law, University of Nottingham
  • King's College London & Université de Paris I

Languages

  • Italian
  • English
  • French
  • Spanish

Experience

Banking & Finance

Amplifon S.p.A. €528 million leveraged financing, 2018
Alessandro advised Amplifon S.p.A. in connection with its €528 million term financing for the acquisition of GAES Group.

CVC Capital Partners €3 billion leveraged financing, 2018
Alessandro advised an investment consortium led by CVC Capital Partners and including PSP Investments and StepStone, in connection with the commitment documents for the financing for the acquisition from the Recordati family of the holding company that owns a 51.8 percent stake in the Italian pharmaceutical group Recordati.

SIA S.p.A. leveraged financing, 2018
Alessandro advised SIA S.p.A. in connection with the financing for the acquisition of First Data's business in certain countries in central and south eastern Europe.

Clessidra SGR €55 million leveraged financing, 2018
Alessandro advised UniCredit S.p.A., Unione di Banche Italiane S.p.A. and Banco BPM S.p.A.  in connection with the €55 million term and revolving credit facility entered into by the private equity fund Clessidra SGR to finance the acquisition of Scrigno Group.

Piaggio & C. S.p.A. €250 million financing, 2018
Alessandro advised Piaggio & C. S.p.A. on a dual-tranche €250 million financing transaction, comprising a €187.5 million revolving credit facility and a €62.5 million term loan amortizing facility.

PAG Asia Capital US$700 million leveraged financing, 2017*
Alessandro advised PAG Asia Capital in connection with the negotiation of a US$700 million leveraged financing for the acquisition and take-private of Yingde Gases.

McDonalds Corporation US$1.05 billion leveraged financing, 2017*
Alessandro advised McDonalds Corporation in connection with the US$1.05 billion leveraged financing and intercreditor arrangements to be entered into in connection with the disposal of McDonalds's business in Hong Kong and PRC.

Top-tier Asian private equity firm on multiple margin loans, 2015 – 2017*
Alessandro advised a top-tier Asian private equity firm in connection with multiple margin loans in relation to securities listed in the Asia-Pacific region.

Two top-tier Asian private equity firms on fund-level facilities 2015 – 2017*
Alessandro advised two top-tier Asian private equity firms in connection with capital call and GP-level facilities.

Citic Capital and Hua Capital US$800 million leveraged financing, 2016*
Alessandro advised Citic Capital and Hua Capital in connection with a US$800 million leveraged financing for the acquisition and take-private of OmniVision Technologies and the subsequent US$600 million leveraged refinancing.

Temasek US$800 million leveraged financing, 2016*
Alessandro advised Temasek , as a consortium member, in connection with the negotiation of a US$800 million leveraged financing for the acquisition of WuXi PharmaTech.

Barclays and Morgan Stanley  JP¥70 billion margin loan facility, 2015*
Alessandro advised Barclays and Morgan Stanley in connection with a JP¥70 billion margin loan facility in favour of a top tier US private equity firm in relation to securities listed in Japan.

AsiaInfo Technologies US$230 million leveraged refinancing, 2015*
Alessandro advised AsiaInfo Technologies, a Citic Capital portfolio company, in connection with a US$230 million refinancing of its existing leveraged indebtedness.

TPG Capital US$360 million leveraged financing, 2014*
Alessandro advised TPG Capital in connection with a US$360 million facility in relation to the leveraged recapitalization of one of its portfolio companies in Asia.

Rosneft US$16.8 billion medium-term and bridge acquisition facility agreements, 2012*
Alessandro advised Rosneft in connection with the negotiation of medium-term and bridge facility agreements for an aggregate amount of US$16.8 billion for the acquisition of TNK-BP.

WIND Telecomunicazioni €3.9 billion term and revolving facilities agreement, 2010*
Alessandro advised WIND Telecomunicazioni in connection with a €3.9 billion term and revolving facilities agreement in the context of its sale to Vimpelcom.

 

Capital Markets

Italcer S.p.A. €133 private placement, 2018
Alessandro advised Pemberton Asset Management in connection with the structuring and underwriting of €113 million senior secured floating rate notes due 2024 issued by Italcer S.p.A. The issuance will partly finance the acquisition of Ceramica Rondine S.p.A.

AMA S.p.A. €30 million US private placement, 2018
Alessandro advised AMA S.p.A. in connection with the issuance of its €30 million Senior Secured Term Notes due 2028, which were sold through a private placement to U.S. institutional investors. The Notes were issued by AMA S.p.A. and guaranteed by its subsidiaries.

Azure Power US$ 500 million high yield bond, 2017*
Alessandro was part of the team that assisted Azure Power in connection with its US$ 500 million high yield bond issuance.

 

Debt Restructuring

Kiko S.p.A. restructuring, 2018
Alessandro advised Kiko S.p.A. in connection with the amendment of debt facilities and a euro private placement made in relation to the acquisition of a minority interest in Kiko's share capital by Peninsula Capital. In December 2014 we also adivised Kiko on the amendments to (i) the agreements underlying its €152 million facilities agreement with lenders UniCredit, Banca Nazionale del Lavoro, Banca Popolare di Milano, Société Générale, BBVA and UBI Banca, and (ii) the agreements with noteholders of its €100 million bond also issued in December 2014.

Seat Pagine Gialle restructuring, 2013*
Alessandro advised Avenue Capital, Golden Tree and others as senior bondholders in connection with the debt restructuring of Seat Pagine Gialle.

Cantiere del Pardo Holdings restructuring, 2011 and 2013*
Alessandro advised Oaktree Capital and Anchorage Capital in connection with the initial debt restructuring and acquisition and subsequent debt restructuring of Cantiere del Pardo Holdings, an élite Italian yacht manufacturer.

 

*Prior joining White & Case