The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Clifford Chance and Latham & Watkins have bagged roles on Intesa Sanpaolo’s $15bn (£9.6bn) medium-term note programme bond offer.
Latham acted for the Italian bank on the bond issue, fielding a team led by London corporate partner Michael Immordino and Milan corporate partner Jeff Lawlis. Fellow Milan corporate partner Antonio Coletti advised on Italian law, while New York partner Jiyeon Lee-Lim advised on tax matters.
Clifford Chance landed the role of adviser to the joint lead managers of the initial issuance of $1bn (£638m) - a bank group comprising Banca IMI, Bank of America Merrill Lynch, Citigroup and JPMorgan.
The magic circle firm’s team was led by finance partners Bob Trefny in London and Filippo Emanuele in Milan. Another Milan partner, Franco Grilli Cicilioni, advised on Italian law, while tax advice came from Milan tax partner Carlo Galli.
The initial $1bn offer is thought to be the first direct dollar denominated issuance by an Italian issuer in the US. The full programme will offer notes to institutional investors both inside and outside the US.
The senior and subordinated notes have maturities of at least nine months, with the first due in 2015.