Latham & Watkins has advised BNP Paribas and UniCredit Bank AG on the issuance of €275 million senior secured floating rate notes due 2028 by Cedacri S.p.A. (Cedacri), an industry-leading technology company that provides core banking software, digital infrastructure, solutions, and other IT services predominantly to the Italian market. Cedacri plays a systemic role within the Italian banking sector and is Italy’s third-largest banking platform (based on the number of branches served).

The Latham team was led by Milan corporate partners Jeff Lawlis and Paolo Bernasconi, together with associates Chiara Coppotelli and Pietro Bancalari. Advice on Italian finance and capital markets matters was provided by Milan partner Antongiulio Scialpi, with associate Marco Bonasso; on UK law finance matters by London partner Ross Pooley, with associate Mark Walker; on regulatory matters by Milan partner Cesare Milani, with associate Edoardo Cassinelli; and on US tax matters by New York partner Jocelyn Noll, with associate Claire Park.