The transaction is the first public bond issuance for Prysmian in the context of its newly established Euro Medium Term Notes (EMTN) programme. The net proceeds of the transaction will be used by Prysmian to refinance the bridge acquisition facilities entered into in the context of the acquisition of Encore Wire.

A&O Shearman advised the financial institutions acting as joint bookrunners and co-managers, among them BNP Paribas, Crédit Agricole CIB, Citi, Goldman Sachs International, HSBC and IMI-Intesa Sanpaolo, with a team led by partners Cristiano Tommasi and Craig Byrne, supported by senior associate Sarah Capella and associate Paolo Martellone. Tax assistance was provided by counsel Elia Ferdinando Clarizia.