April 16, 2019
Latham & Watkins has advised Joint Global Coordinators Banca IMI, BofA Merrill Lynch, Credit Suisse, Goldman Sachs International, Mediobanca – Banca di Credito Finanziario S.p.A. and the Joint Bookrunners in connection with the €2 billion (plus up to €302m greenshoe) initial public offering of leading Italian paytech company, Nexi S.p.A., on Borsa Italiana. Latham has advised finance providers to the company through the initial leveraged buy-out, the split of the payments and regulated businesses, and the approx. €1.5 billion post IPO financing. The Nexi IPO is the largest tech IPO in Europe to date in 2019, and the largest on Borsa Italiana since 2017.
The Latham team was led by Milan capital markets partners Antonio Coletti and Ryan Benedict, with associates Irene Pistotnik, Guido Bartolomei, and Marta Negro. Advice was provided on finance matters by Milan partner Marcello Bragliani and London partners Dan Maze and Jennifer Engelhardt, with London associates Alistair McKechnie, Natalie Foy, and Patrick Kwak and Milan associates Alessia De Coppi, Erika Brini Raimondi, and Marco Ferrante.