White & Case LLP has advised Banca IMI S.p.A. and UniCredit S.p.A., as dealers, and ICCREA Banca and Method Investment as co-dealers, on the issuance by the Republic of Italy of approximately €10.76 billion eight-year BTP Italia bonds that are linked to Italian inflation.

The offering was carried out over two separate periods. The first is targeted at retail investors and the second is focused on institutional investors.

The White & Case team in Milan which advised on the transaction’s dual offer period structure and documentation included partner Paola Leocani and associate Baldassarre Battista.