Iacopo Canino | White & Case LLP International Law Firm, Global Law Practice
Iacopo Canino
Iacopo Canino

Iacopo Canino

Partner, Milan

T +39 020 068 8340

T +39 340 591 8650 (mobile)

E [email protected]

“He is very proficient in loan restructuring, high-yield bonds and security packages” (Chambers Global 2016) “He was practical, rational and logical; working with him was very smooth,” (Chambers Global 2015) “An absolutely fantastic lawyer” (IFLR 1000 2013)

Overview

Iacopo Canino is a well-regarded Italian qualified lawyer with almost 20 years’ experience in the areas of M&A and finance, debt restructurings and high yields transactions. He has advised on a broad range of M&A transactions and on leveraged finance, corporate finance, banking and debt restructuring transactions in the Italian market. 

BANKING & FINANCE:

Iacopo is widely recognized as a leading banking lawyer by legal benchmark publications having worked on a large number of the top leveraged finance transactions in the Italian market over the past decade, understanding the changing needs of clients and supporting them through the global financial downturn. Iacopo is ranked amongst the leading lawyers in Banking & Finance by Chambers Global 2018 and Restructuring & Insolvency by The Legal 500 2015. In Chambers 2015 is described as "practical, rational and logical” and sources say that "working with him was very smooth". Iacopo is recognized as a highly regarded in Banking & Finance by IFLR1000 2018.

SECURITIES TRANSACTIONS:

Iacopo is one of the very few Italian banking attorneys with specific knowledge and experience in the high yield space. In Chambers 2015 is described as "practical, rational and logical” and sources say that “working with him was very smooth” According to Chambers 2016 clients assert: "He is very proficient in loan restructuring, high-yield bonds and security packages." Iacopo is recognized as a highly regarded in Capital markets: High Yield and Financial restructuring by IFLR1000 2018.

CORPORATE M&A AND PRIVATE EQUITY:

Iacopo is highly active in the areas of general corporate and commercial law and is very well regarded for his experience in the areas of M&A. He has advised on a broad range of M&A transactions in the Italian market. 

CLIENTS:

Iacopo works with a diverse group of investment banks and corporate clients.

His investment banking clients include: Banca IMI, Banco BPM, Bank of America, BNP Paribas, Crédit Agricole, Deutsche Bank, Intesa Sanpaolo, Mediobanca, Société Générale and UniCredit.

Corporate clients include: Acciaieria Arvedi, Cifin, Fintyre, GTECH, Gamenet, Grandi Navi Veloci, Irgen Group, HP Pelzer, Italiaonline, Kiko, Moby, Octo telematics, Onorato Armatori and Wind Telecomunicazioni.

Bars and Courts

  • Milan Bar

Education

  • JD, University of Pavia, Italy

Languages

  • Italian
  • English

Experience

Banking & Finance

 

Wind Tre €3.4 billion senior facilities agreement, 2017
Iacopo advised Wind Tre S.p.A. in connection with a €3.4 billion senior facilities agreement consisting of a €3 billion amortizing term loan and a €400 million revolving credit facility.

CVC Capital Partners' acquisition of Pasubio, 2017
Iacopo advised the financing banks in connection with the acquisition by CVC Capital Partners of  Pasubio S.p.A.

GSO on the financing to support Polynt and Reichhold Group's merger, 2017
Iacopo advised GSO entities in connection with the funding of the unitranche financing to support the merger of Polynt S.p.A. with Reichhold Group, businesses owned by Investindustrial and Black Diamond respectively.

Optima-Mec3 €235 million term and revolving credit facility, 2016
Iacopo advised a pool of banks including BNP Paribas, Goldman Sachs, HSBC, Natixis, Rabobank and The Royal bank of Scotland in connection with the €235 million senior financing for the acquisition of Optima-Mec3.

21 Investimenti's financing for the acquisition of Philippe Model, 2016
Iacopo advised the private equity fund 21 Investimenti in connection with the financing for the acquisition of Philippe Model.

LSF9 Canto Investments's bridge financing and super senior revolving financing, 2016
Iacopo advised a pool of banks in connection with the €400 million senior secured bridge financing and the €40 million super senior revolving financing to LSF9 Canto Investments S.p.A., company controlled by Lone Star Funds, for the acquisition of N&W Global Vending Group.

Moby's €260 million term and revolving credit facility, 2016
Iacopo advised Moby S.p.A. in connection with its €260 million senior secured term and revolving facilities agreement. J.P. Morgan, Goldman Sachs and UniCredit acted as mandated lead arrangers, global coordinators and bookrunners.

AEB's €71.5 million term and revolving credit facility, 2015
Iacopo advised a syndicate of banks including the Italian branch of BNP Paribas, GE Capital Interbanca and UniCredit as Mandated Lead Arrangers, the Italian branch of BNP Paribas and UniCredit as Bookrunners, and the Milan branch of UniCredit Bank AG, as Agent and Security Agent, in connection with a €71.5 million term and revolving credit facility granted to AEB S.p.A.

 

Capital Markets

 

Wind Tre S €7.3 billion high yield, 2017
Iacopo advised Wind Tre S.p.A. in connection with its €7.3 billion issuance of high yield senior secured notes, in a combination of euro-denominated fixed and floating rate notes and dollar-denominated fixed rate notes, issued pursuant to Rule 144A and Regulation S under the Securities Act.

HP Pelzer €350 million high yield, 2017
Iacopo advised HP Pelzer Holding GmbH – Adler Pelzer Group in connection with the issuance of €350 million 4.125% Senior Secured Notes due 2024, which were issued pursuant to Rule 144A and Regulation S under the Securities Act.

N&W Global Vending €370 million high yield, 2016
Iacopo advised Goldman Sachs International, Deutsche Bank AG, London Branch, Banca IMI S.p.A. and Crédit Agricole Corporate and Investment Bank as initial purchasers in connection with the issuance by N&W Global Vending S.p.A. of its €370 million 7% senior secured Notes due 2023.

Grandi Navi Veloci €75 million private placement, 2016
Iacopo advised Grandi Navi Veloci S.p.A. in connection with its €320 million refinancing. The transaction included a €245 million senior secured term and revolving credit facility and a €75 million private placement.

Caronte & Tourist shipping bond, 2016
Iacopo advised Muzinich and Tenax, as underwriters, in connection with Caronte & Tourist S.p.A. shipping bond.

Moby €300 million high yield, 2016
Moby S.p.A. in connection with the issuance of €300 million 7.75€ senior secured Notes due 2023.

 

Corporate and M&A

 

Arval 2.4€ billion acquisition of GE Capital's European fleet management activity, 2015
Iacopo advised Arval in connection with the acquisition of GE Capital's European fleet management activity for approximately €2.4 billion. The scope of the acquisition covers more than 160,000 vehicles in 12 European countries and is part of a global transaction.

Leonardo Hotel Hermitage's acquisition of Hotel Hermitage in Milan, 2015
Iacopo advised Leonardo Hotel Hermitage S.r.l. in connection with the acquisition for approximately €20 million of Hotel Hermitage in Milan, previously owned by the Monrif S.p.A.-controlled Emiliana Grandi Alberghi S.r.l. and Immobiliare Fiomes S.r.l.

 

Debt Restructuring

 

HIIT – Holding Italiana Investimenti Tecnologici's restructuring, 2016
Iacopo advised HIIT – Holding Italiana Investimenti Tecnologici S.p.A. in connection with the restructuring of the financial indebtedness of its subsidiary Sirti S.p.A.

Zanella Confezioni acquisition, 2015
Iacopo advised Tengram Capital Partners in connection with its acquisition out of a pre-bankruptcy procedure (concordato preventivo) of the business operations and intellectual property assets of Zanella Confezioni S.p.A.

 

Awards & Recognition

Banking & Finance

Leading Lawyer: Chambers Europe 2018, Chambers Global 2018. Leading Individual: The Legal 500 EMEA 2018. Highly Regarded: IFLR1000 2018. Leading Lawyer: TopLegal 2013

Capital Markets: Debt

Recommended: The Legal 500 EMEA 2018

Capital Markets: Equity

Recommended: The Legal 500 EMEA 2018

Capital Markets: High Yield

Highly Regarded: IFLR1000 2018

Restructuring/Insolvency

Leading Lawyer: Chambers Europe 2015, Chambers Global 2015. Highly Regarded: Italy – IFLR1000 2018. Leading Lawyer: TopLegal 2013

Corporate and M&A

Recommended: The Legal 500 EMEA 2018