Allen & Overy (Giancarlo Castorino) advised Merrill Lynch on the first collateral bond obligation transaction in Italy, which involved the securitisation of e889m (£544m) bonds issued by 117 different banks. Deutsche Bank and Société Générale also advised by A&O in Italy.
Ashurst Morris Crisp (Simon Thrower) advised Crédit Industriel et Commercial on the leveraged buyout of the pharmaceutical activities of Risdon Pharma from US parent Crown Cork & Seal for e97m (£59.4m). Investors advised by Linklaters on structuring and finance, Ginestié Paley-Vincent & Associés on French assets and Görg on German assets. US investors advised by Golenbock Eisman Assor & Bell.
Debevoise & Plimpton (Geoffrey Burgess) advised Crossair (now SWISS) on the lease financing of 54 aircraft. Lessors advised by Vedder Price Kaufman & Kammholz on US law and Denton Wilde Sapte on UK law.