Hogan Lovells advised on the issuance of Ferrovie dello Stato (FS) Italiane's 10-year bond
Milan, 7 August 2019 – The international law firm Hogan Lovells advised FS Italiane in the private placement of a new fixed-rate bond issue for a nominal amount of €100 million and of a 10-year term (rating: S&P’s BBB; Fitch BBB).
The senior unsecured bonds are issued under the Ferrovie dello Stato Italiane Euro Medium Term Note programme and have been listed on the regulated market of the Irish Stock Exchange.
The issue was handled by UniCredit Bank AG as Sole Bookrunner.
The proceeds from the issue will finance part of the Group's requirements resolved upon for 2019 by FS' Board of Directors and will entirely be allocated to railway infrastructure investments.
The Italian team of Hogan Lovells lawyers included partner partner Federico Del Monte, counsel Annalisa Feliciani and associate Matteo Scuriatti.