Hogan Lovells advises FS Italiane Group on a bond issuance for new hybrid regional trains with lower environmental impact

Hogan Lovells advises FS Italiane Group on a bond issuance for new regional trains with lower environmental impact

Press releases | 31 July 2020

31 July 2020 – International law firm Hogan Lovells have advised FS Italiane Group in relation to a bond issuance for new regional trainsets. €150 million has been finalised via the subscription of the corporate bond under FS’ EMTN programme, concluded by way of private placement, by the European Investment Bank (EIB).

The issuance is part of the FS Italiane Group's broader investment plan of purchasing new, less polluted and more efficient trains for Trenitalia's regional transport. The transaction confirms the business' commitment to sustainable finance by broadening the wide range of medium/long-term debt instruments designed for finance projects which encourage rail transport with a reduced environmental impact.

The Hogan Lovells team advising the FS Italiane Group was made up by partner Federico Del Monte, counsel Annalisa Feliciani, associate Matteo Scuriatti and Alessandro Tiraboschi. Senior associate Maria Cristina Conte advised on tax issues.