Milan, 3 April 2020 – Pedersoli, Linklaters, BonelliErede and Nunziante Magrone are the law firms involved in the recapitalisation of Sisma Spa, a leading Italian company in the production and distribution of products for household, personal care and tableware, including the famous toothpicks Samurai.
Sisma Spa has entered into with Clessidra Restructuring Fund, an alternative investment fund promoted by Clessidra SGR and Magnetar Capital, an agreement aimed at acquiring a stake in the share capital of the company, through the conversion into shares of almost all medium and long-term receivables, amounting to approximately 60 million euro.
The entry into the shareholding structure of Sisma is part of a broader plan for the relaunch and development of the company for which new financial resources will be provided.
Pedersoli Studio Legale, advisor of Clessidra SGR, has provided legal assistance with a team led by Maura Magioncalda (Equity Partner), with the support of Alessandra De Cantellis (Partner) and Giuseppe Smerlo (Associate). Giovanni Bandera (Equity Partner) has been involved in the transaction as to tax aspects, as well as Csaba Davide Jákó (Partner) and Andrea Scarpellini (Associate) in relation to corporate law matters.
Magnetar has been advised by Linklaters as to the banking and restructuring aspects with a team led by Francesco Faldi (Partner), Valentina Armaroli (Managing Associate) and Maria Chiara De Biasio (Associate). Corporate law matters have been analysed by Pietro Belloni (Partner) and Chiara Venditti (Associate), while capital market issues have been managed by Dario Longo (Partner) and Federico Fanelli (Associate). Anna Ferraresso (Managing Associate) has provided legal assistance in relation to regulatory matters, while Roberto Egori (Partner) and Sergio Merlino (Associate) have advised on tax aspects. Francesca Barbero (Counsel) and Angela Bruno (Managing Associate) have analysed labour law matters. Lucio D’Amario (Partner), Alessandro De Stefano and Matteo Farneti (Managing Associates) and Lorenzo Sfragara (Trainee) have provided legal assistance in relation to antitrust law issues.
Nunziante Magrone, represented by Oscar Podda and Alessandro Fermi, has advised Sisma Spa.
BonelliErede has provided legal assistance to the banks with a team led by Vittorio Lupoli (Partner) and composed of Gianpaolo Ciervo (Managing Associate), both members of the Corporate Crisis and Debt Restructuring Focus Team.
FOR FURTHER INFORMATION:
Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
Ad Hoc Communication Advisors
Sara Balzarotti, Alessandro Michielli
Tel. +39 027606741