Giuseppe Barra Caracciolo | White & Case LLP International Law Firm, Global Law Practice

Giuseppe Barra Caracciolo

Local Partner, Milan

T +39 02 00688 400

T +39 344 046 3351 (mobile)

E [email protected]

Overview

Giuseppe Barra Caracciolo is an Italian qualified lawyer with over 15 years' experience in banking, structured finance and NPLs. Giuseppe is based in Milan.

STRUCTURED FINANCE AND NPLs:

Giuseppe's practice includes structured products, non-performing loans and other distressed assets transactions. He regularly assists banks, investors and raters on a broad range of securitisation transactions of different asset classes, including NPLs, RMBS, CMBS, consumer loans and leasing.

Giuseppe is recognized as a rising star by IFLR1000 2018 in Banking, Capital markets: Structured finance and securitization and in Capital markets: Debt.

BANKING:

Giuseppe's extensive banking experience includes advising lenders, sponsors and/or borrowers on real estate financing, acquisition financing (including LBOs) and asset based financing transactions of various nature as well as debt restructuring. Giuseppe also provides regulatory advice on general banking matters.

CLIENTS:

Giuseppe works with a diverse group of clients, including: Banca IMI, Citigroup, Deutsche Bank, Morgan Stanley, Santander Consumer Bank, UniCredit and UniCredit Leasing.

Bars and Courts

  • Milan Bar

Education

  • Catholic University of Milan, Italy
  • LLM, Law and Economics, University of Castellanza, Italy

Languages

  • English
  • Italian

Experience

NPLs and special opportunities

 

A major Italian banking group disposal of a US$25 million shipping loan, 2016*
Giuseppe advised a major Italian banking group in connection with the successful disposal of a US$25 million non-performing shipping loans to a major international investment bank.

UniCredit and UniCredit Leasing €205 million disposal of a portfolio of 40 assets, 2015*
Giuseppe advised UniCredit Leasing S.p.A. and UniCredit S.p.A. in connection with the successful disposal to Cerberus European Investments, LLC of a portfolio of approximately 40 assets in various Italian regions, and the connected financing transaction, for a total value of approximately €205 million.

UniCredit and UniCredit Leasing disposal of approx. 40 real estate assets, 2015*
Giuseppe advised UniCredit Leasing S.p.A. and UniCredit S.p.A. in connection with the successful disposal to Cerberus European Investments, LLC of a portfolio of approximately 40 real estate assets for a total value of approximately €205 million.

Cerberus European Investment acquisition of a €950 million NPL portfolio, 2014*
Giuseppe advised Cerberus European Investments LLC in connection with the successful acquisition of a portfolio of non-performing unsecured loans for a total value of €950 million from UniCredit S.p.A.

 

Securitizations

 

Banks on securitizations related to GE Capital Interbanca Group's acquisition by Banca IFIS, 2016
Giuseppe advised Banca IMI, Citibank and Deutsche Bank, as arrangers and senior notes underwriters, in connection with the refinancing of two portfolios of performing financial leasing and corporate loans of various nature originated by GE Capital Interbanca Group in the context of the acquisition of GE Capital Interbanca group by Banca IFIS S.p.A.

MPS €1.7 billion securitization, 2016
Giuseppe advised Banca Monte dei Paschi di Siena S.p.A., as originator, arranger and sole underwriter in connection with a securitization of a portfolio of loans granted to Italian small and medium-sized enterprises for a total value of around €1.7 billion.

StormHarbour and the junior investor restructuring of a securitisation of SME loans, 2015*
Giuseppe advised StormHarbour, as arranger, and the junior investor in connection with the retranching of the junior notes issued in the context of a securitization of receivables arising from SME loans granted by an Italian bank and the listing of the newly issued mezzanine notes.

A major international bank securitisation programme of CQS loans granted by Mediocredito Europeo, 2015*
Giuseppe advised the senior noteholder in connection with the structuring of a private securitization of receivables arising from personal loans granted by Mediocredito Europeo, an Italian financial intermediary, and secured by the assignment of up to one fifth of the salary or pension (prestiti dietro cessione del quinto dello stipendio) or repayable by way of a delegation of payment (prestiti su delegazione di pagamento).

 

*Prior joining White & Case

Awards & Recognition

Banking

Rising star: IFLR1000 2018. Recommended: The Legal 500 2018.

Capital markets: Debt

Rising star: IFLR1000 2018. Recommended: The Legal 500 2018.

Capital markets: Structured finance and securitization

Rising star: IFLR1000 2018