Ashurst has advised Banca IMI, UniCredit, Banca Popolare di Milano, UBI Banca and MPS Capital Services who have been mandated on the structuring of a project financing of up to €2.6 billion for the construction of the Pedemontana Lombarda toll road.

Ashurst has also advised the same syndicate of banks together with Intesa Sanpaolo on a €200 million bridge loan for the refinancing of the existing bridge loan.

The Ashurst team was led by partner Franco Vigliano, assisted by counsel Elena Giuffré and Umberto Antonelli and associates Federica Periale, Andrea Semmola, Pamela Infantino, Rosario Morasca and Nicola Toscano.