Global law firm White & Case LLP has advised Piaggio & C. S.p.A. on the issuance of a new €250 million high yield bond, 3.625% percent Senior Notes due 2025 and the related exchange offer to refinance its outstanding 4.625% Senior Notes due 2021.

The new Notes have been listed on the Luxembourg Stock Exchange and offered and sold pursuant to Rule 144A and Regulation S under the Securities Act.

The White & Case team which advised on the transaction comprised partners Michael Immordino (London & Milan), Ferigo Foscari (Milan) and James Greene (London), local partner Paul Alexander (Milan) and associates Robert Becker, Louise Ruggiero and Bart Galvin (all Milan) and lawyer Charles English (Milan).