HB Trading S.p.A.’s €60 Million Financing


Caiazzo Donnini Pappalardo & Associates has assisted a pool of banks in the drafting and negotiation of a structured credit granting transaction for Euro 60,000,000.00 in favour of HB Trading, an Italian company, active in the gas and electricity sectors.

The contract is structured in three facilities: of which two loan facilities in Euro and one credit facility multicurrency (Euro and USD).

The pool of banks is formed by BNL Gruppo BNP Paribas, which also acted as Arranger and Agent, Crédit Agricole Italia, Banco di Sardegna, Banca del Mezzogiorno – Mediocredito Centrale, Banco BPM and UBI Banca

Giulio Tognazzi (picture), partner, has lead the team of Caiazzo Donnini Pappalardo & Associati, with the associates Marta Mastroeni and Gabriella Pia del Gaudio.

HB Trading has been assisted by the in-house lawyer Elisa Natale.

Involved fees earner: Gabriella Pia del Gaudio – Caiazzo Donnini Pappalardo & Associati (Cdp); Marta Mastroeni – Caiazzo Donnini Pappalardo & Associati (Cdp); Giulio Tognazzi – Caiazzo Donnini Pappalardo & Associati (Cdp);

Law Firms: Caiazzo Donnini Pappalardo & Associati (Cdp);

Clients: Banca del Mezzogiorno; Banco BPM S.p.A.; Banco di Sardegna; BNL – Gruppo BNP Paribas; Crédit Agricole Italia;