October 31, 2020

Volume X, Number 305

Giancarlo Castorino

OVERVIEW


Giancarlo focuses his practice in structured finance, particularly with regard to property and acquisition finance, where he mainly assists lenders in both domestic and cross-border transactions. His extensive client base consists of the foremost Italian banks, such as Intesa Sanpaolo S.p.A and UniCredit S.p.A, and investors whom he has assisted and advised in complex restructurings and in the sale of distressed debt portfolios.

Giancarlo is the managing partner for the Firm’s Milan office.

RESULTS


  • Advised a pool of Italian banks in connection with two mortgage term loan facilities, for an aggregate amount approximately equal to Euro 180 million granted with the aim of supporting the enhancement and refurbishment project of the real estate portfolio located at Lido di Venezia, with a specific focus on the historic Hotel Excelsior and Hotel Des Bains, owned by an alternative investment fund managed a primary operator on the Italian market, also through the involvement of one of the largest privately held property companies in Europe, acting in its first investment transaction within the Italian market*

  • Advised a pool of Italian and international banks in connection with two mortgage term loan facilities, for an aggregate amount approximately equal to Euro 1 billion granted in favour of two Italian real estate alternative investment funds, both managed by a primary operator on the Italian market and owners of two leading real estate innovative portfolios located in the Porta Nuova area of Milan, which has been subject to one of the largest urban requalification projects in Europe over the past years*

  • Advised a pool of Italian and international banks in connection with a mortgage term loan facility, for an aggregate amount equal to Euro 255 billion granted in favour of an Italian real estate alternative investment fund managed by a primary operator of the Italian market and listed to the Investment Vehicles Market organized by Borsa Italiana*

  • Advised a pool of Italian and international banks in connection with a Euro 216.275 million term loan facility, aimed at supporting the acquisition by an important SIIQ of the Vodafone Towers in Milan being the Vodafone’s headquarter for Southern Europe and at the leveraging of a real estate portfolio, composed of more than 90 assets leased to an International credit institution*

  • Advised a primary Italian credit institution in connection with a term loan facility granted in favour of an Italian alternative investment fund managed by an independent London-based real estate investment management boutique, leader in the European marketplace*

  • Medium-long term facility granted by a pool of Italian and international banks for an aggregate maximum amount equal to Euro 275 million in favour of an holding company of a leading listed Italian corporation, to support its financial needs connected to the ordinary course of business, also in the context of an extraordinary transaction aimed at the reorganization of the shareholdings, through the participation of a new institutional investor*

  • Advised a primary Italian credit institution on a term loan facility provided (in pool with another bank) to a company belonging to a touristic group to support part of its financial needs connected to the acquisition of three high level resorts located in Ostuni, Pila and Marilleva (Italy)*

*Matter handled prior to joining McDermott

Articles in the National Law Review database by Giancarlo Castorino

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