ProfessionalsNicolò Ascione
Tel: +44-20-7367-1636
Fax: +44-20-7681-2636
nascione@paulweiss.com
nascione@paulweiss.com
A partner in the Capital Markets Group, Nicolò Ascione represents private equity sponsors, issuers and investment banks in complex finance and capital markets transactions across multiple jurisdictions, including high yield debt offerings and other capital markets products in connection with leveraged buyouts, mergers and acquisitions, recapitalizations and restructurings. Nicolò is ranked by Chambers UK in the Capital Markets: High-Yield Products category and recommended for High-Yield Debt by Legal 500 UK.
EXPERIENCE
Nicolò’s representative matters have included advising:
- TDR Capital in connection with the financing aspects of its acquisition of Acqua & Sapone from H.I.G. Capital and the founding Barbarossa family, including an offering of €850 million of senior secured fixed and floating senior secured notes by Bubbles Bidco
- Investindustrial and its portfolio company CEME S.p.A. in connection with the issuance of €360 million of senior secured floating-rate high-yield notes, and its entry into a new €67.5 million revolving credit facility
- Bain Capital, BC Partners and their portfolio company Fedrigoni in connection with:
- the issuance of €430 million of senior secured notes and €300 million of senior holdco pay-if-you-can toggle notes
- an offering of €655 million of high-yield bonds
- Investindustrial and its portfolio company La Doria S.p.A. in connection with:
- its issuance of €125 million of additional senior secured floating-rate notes and the upsize of its existing revolving credit facility
- its issuance of €525 million of senior secured floating-rate notes and entry into an €85 million revolving credit facility
- Investindustrial in connection with the committed debt financing for its acquisition, alongside the Bagnoli family, of Forno d’Asolo from BC Partners, including an offering of €800 of senior secured floating rate notes by Sammontana Italia
- Investindustrial and its portfolio company Guala Closures S.p.A., in connection with its:
- issuance of €150 million of additional senior secured floating-rate notes and the upsize of its existing revolving credit facility
- offering of €350 million of high-yield bonds
- offering of €500 million of high-yield bonds to refinance certain existing debt and its entry into a new €80 million revolving credit facility
- Bain Capital, NB Renaissance Partners and their portfolio company Engineering Ingegneria Informatica S.p.A. in connection with:
- the issuance and private placement of €100 million of additional senior secured notes to certain institutional investors
- the financing aspects of its acquisition of Be Shaping the Future S.p.A., including an offering of €385 million of high-yield bonds
- Bain Capital Private Equity:
- in the €3 billion acquisition and financing for Fedrigoni
- as part of a consortium, on the financing for their investment in Italian Serie A club Atalanta Bergamasca Calcio S.p.A.
- and NB Renaissance Partners in connection with the financing for their acquisition of Engineering Ingegneria Informatica S.p.A., including an offering of €605 million of high-yield bonds
- and Cinven and their portfolio company STADA Arzneimittel in connection with an offering of €200 million of high-yield bonds
- United Group B.V., which is majority-owned by BC Partners, in connection with:
- an offering of €750 million of high yield bonds
- its €1.7 billion refinancing, which included fixed and floating rate senior secured notes and senior holdco pay-if-you-can PIK notes
- the financing for its acquisition of Wind Hellas, including an offering of €980 million fixed and floating rate high-yield bonds
- an offering of €300 million of high-yield bonds
- an offering of €400 million of high-yield bonds
- BC Partners on the sale of IMA Group to BDT & MSD Partners
- Madison Dearborn Partners in connection with the financing of its acquisition of MoneyGram International, Inc.
- Strategic Value Partners:
- and its portfolio company Pfleiderer in connection with its offering of €750 million sustainability-linked high-yield bonds
- and its portfolio company Klöckner Pentaplast in connection with its €1.9 billion refinancing, which included senior secured notes, senior unsecured notes and a term loan with ESG-linked ratchet
- Option Care Health Inc. in connection with its debut offering of $500 million of
high-yield bonds - An ad hoc committee of first lien noteholders in connection with the successful recapitalization of the Matalan Group
- An ad hoc group of bondholders on the debt restructuring of Olympic Entertainment Group
- Avia Solutions Group Plc in connection with its debut offering of US$300 million of
high-yield bonds - PJSC Uralkali in its offering of US$500 million of bonds
- Chelyabinsk Pipe Manufacturing Plant in its offering of US$300 million of bonds
- Koç Holding A.S. in connection with its US$750 million bond offering
- Ferretti Group S.p.A. in its proposed marketed initial public offering and listing on the Milan Stock Exchange
- Stifel Nicolaus Europe Limited in the proposed initial public offering and admission of Techniplas LLC on the London Stock Exchange
- Alro S.A. in its proposed marketed follow-on equity offering
- The joint bookrunners in connection with the offerings of US$3 billion and US$5 billion multi-tranche senior unsecured notes by Enel International Finance N.V., guaranteed by Enel S.p.A.
- The initial purchasers in connection with the offering of US$550 million of high-yield bonds by NTV S.p.A.
- UniCredit in connection with its first offering of US$1 billion fixed-rate tier 2 subordinated notes under its US$30 billion Global MTN Programme
- The initial purchasers in connection with the offering of US$320 million of high-yield bonds by the Adler Pelzer Group
- CVC Capital Partners in connection with the acquisition of Sisal Group S.p.A.
- SNAI S.p.A. in connection with its offering of €570 million of high-yield bonds