Clifford Chance has advised UniCredit Bank AG on the EUR 200 million syndicate of financing for Vapiano SE via an international syndicate of lenders. This new financing allows for existing financing arrangements to be repaid and will also fund the continued growth of the Vapiano Group. The financing is a key step towards Vapiano's IPO. The initial listing occurred on 27 June 2017.

Vapiano, a chain of Italian-style pizza and pasta restaurants, currently has 186 outlets in 30 countries across five continents. There are 76 Vapiano restaurants just in Germany. The intention behind the IPO is to boost the company's expansion plans.

The Clifford Chance team was led by partner Thomas Weitkamp (Munich) and comprised counsel Dr. Mattias von Buttlar (Frankfurt), senior associate Jennifer Seipelt, associate Dr. Johann Melchior Raiser, transaction lawyer Silvia Lengauer, senior associate Susan Kelly, associate Ololade Oni (all Munich) – all Banking & Capital Markets – and partner Thorsten Sauerhering (Tax, Frankfurt). The Clifford Chance offices in Luxembourg and New York also provided advice.