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Ashurst advised the banks on the €205 million financing for 2i Aeroporti S.p.A. and €45 million financing for its subsidiary GESAC. 2i Aeroporti S.p.A. is a subsidiary of F2i and Ardian and has a shareholding in some major Italian airports (including Milan, Turin and Bologna). GESAC operates Capodichino Airport in Naples. The amount will be used, amongst other things, to refinance the existing debt of the aforementioned companies and their subsidiary 2i Sac.

Crédit Agricole Corporate and Investment Bank, Natixis, UBI Banca and UniCredit acted as mandated lead arrangers and lenders, Banca IMI as mandated lead arranger and agent and Intesa Sanpaolo as lender.

The Ashurst team was led by partner Carloandrea Meacci and counsel Simone Egidi, and included tax counsel Fabio Balza and senior associate Federica Periale.



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