Antonio Azzarà

• US multi-strategy fund and Italian distressed investment fund | Assisted with a EUR 600 million investment as assignees in the concordato preventivo of a major Italian multinational company active in the electromechanical, railway, marine and telecommunications sectors, including asset purchases and composition debt payments.*
• US multi-strategy fund | Assisted in acquiring the majority debt of a central Italian real estate company through a securitization vehicle and a restructuring plan, including refinancing through two UK law-governed secured bonds listed on the Vienna third market. Transaction value: approximately EUR 370 million.*
• Steel company | Assisted a bespoke steel forgings company with its debt restructuring and recapitalization under a restructuring plan, involving complex negotiations with shareholders and institutional lenders, voting arrangements as secured creditors and the appointment of a new board of directors. Transaction value: approximately EUR 140 million.
• Real estate investor | Assisted on the management buy-out of the majority of the share capital of an Italian real estate company and the restructuring of its debt as part of a wider transaction involving the redevelopment of an area in Milan. Transaction value: approximately EUR 120 million.*
• Italian SPV | Assisted a securitization vehicle in the sale of its shareholding in a leading European BOPP film and flexible packaging producer, following the acquisition of claims and equity from a distressed investment fund and the borrower's reorganization under Article 67(3)(d) of the Italian Bankruptcy Act. Transaction value: approximately EUR 80 million.
• Pool of banks | Advised a pool of Italian banks on refinancing an Italian ceramics producer that had restructured under Article 182-bis of the Italian Bankruptcy Act and successfully completed its turnaround.
• Italian SPV | Assisted an SPV controlled by a multinational distressed investment fund in negotiating a complex investment agreement with an Italian real estate company in a preliminary composition proceeding, aimed at funding completion of the composition plan.
• Distressed investment fund | Assisted in acquiring financial receivables and equity instruments of a Northern Italian water park and wellness center in the context of a reorganization plan pursuant to Article 67(3)(d) of the Italian Bankruptcy Act.*
• Ireland-based investment fund | Assisted in the restructuring of the financial indebtedness of a shipping group through separate debt restructuring agreements.
• US multi-strategy fund | Assisted with the purchase of financial receivables from multiple lenders and the debt restructuring of a real estate company with assets located in Northern Italy.*

*Denotes experience prior to joining Ashurst Perkins Coie