Global law firm White & Case LLP has advised Oaktree Capital Management, acting through its investment vehicles OCM Luxembourg ECS S.à r.l. as arranger and ECS Finaria S.à.r.l. as underwriter, on the English and Italian law aspects of the private placement of notes purchased by them and issued by Finaria S.p.A.

Finaria S.p.A. is an Italian holding company established in 1996 for the management of hotel activities.

The White & Case team in Milan which advised on the transaction was led by partners Iacopo Canino and Gianluca Fanti, together with local partner Paul Alexander and associates Bianca Caruso, Stefano Bellani and Valerio Di Mascio and lawyer Giovanna Bellofiore.