Associazione Calcio Milan, supported by Gattai Minoli Agostinelli, completed the reorganization of its financial debt through the issue of two non-convertible bonds listed on the multilateral trading platform of the “Third Market” organized and managed by the Vienna Stock Exchange, both placed entirely with the qualified investor Project Redblack (in turn attributable to the funds Elliott and Blue Skye).
The company was assisted in all aspects of the transaction by Gattai Minoli Agostinelli & Partners and, in particular, with regard to structured finance aspects by a team composed of equity partner Emanuela Campari Bernacchi, senior associate Valentina Lattanzi and associates Salvatore Graziadei and Allegra Arvalli; as regards banking & finance aspects, a team composed of the name partner Riccardo Agostinelli, the senior associate Daniele Migliarucci and the associate Giorgia Gentilini and Mattia Valdinoci; as regards tax aspects, the equity partner Cristiano Garbarini and the associate Alban Zaimaj.
Gianni Origoni Grippo Cappelli & Partners with a team composed of Roberto Cappelli, Andrea Aiello, Andrea Gritti, Federico Ferrari and Alessandro Antoniozzi provided the issuer with corporate assistance in the transaction, as part of the ongoing general assistance provided to AC Milan.
Project Redblack was assisted by Craca Di Carlo Guffanti Pisapia Tatozzi & Associati, with a team composed of Alfredo Craca, Giulio Gomitoni, Lea Lidia Lavitola and Gioia Stendardo and, for the tax aspects, by F&C Studio legale tributario, with the partner Francesco Fabbiani and a team composed of the partner Raffaele Caccavo and the associate Stefania Romano.
In particular, a first loan called “Guaranteed Bond Loan Associazione Calcio Milan S.p.A. 2017 -2018 – Serie 1” for an amount of about 77 million was aimed at refinancing the issuer’s previous debt exposure, while a second loan called “Guaranteed Bond Loan Associazione Calcio Milan S.p.A. 2017 -2018 – Serie 2” for an amount of up to about 54 million has the main purpose of financing the investment campaign of the issuer on the football market.