DWF advises Valtellina S.p.A. in the issue of €10 million bond loan
26 November 2020
DWF have advised Valtellina S.p.A., a leading telecommunications plant equipment manufacturer, in a transaction involving the issue of a bond loan worth €10 million, subscribed by Intesa Sanpaolo S.p.A. as part of its Basket Bond program.
The transaction, that follows the debenture loan of €12 million which was undertaken in December 2019, and issued by Valtellina and subscribed by UniCredit S.p.A., will help ensure the enactment of their investment and development plans.
A recent High Court Judgment provides helpful guidance as to the test to be applied to applications seeking collateral disclosure, whether prospective or retrospective, for the use of documents in related or separate proceedings.
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