Pietro Bancalari
Biography
Overview
Pietro Bancalari is a dual-qualified lawyer (US and Italy) with several years of experience. His practice is based jointly in London and Milan.
Pietro specializes in securities regulation and has experience advising investment banks, private equity firms, and large public and private companies on a broad range of international capital markets transactions, including offerings of high yield and investment grade debt securities, initial public offerings, rights issues, tender offers, SPAC transactions and listings on securities exchanges throughout Europe and the US.
Drawing on his experience as a practicing dual-qualified lawyer working in London and Continental Europe, Pietro also advises domestic corporate clients and foreign private issuers across various industries on corporate M&A transactions and the regulatory obligations related to public company status, including compliance with the market abuse and disclosure restrictions under Regulation (EU) No. 596/2014 (MAR) and the provisions of the US Securities Act of 1933 and the US Securities Exchange Act of 1934.
Pietro has also been involved on several complex cross-border corporate reorganizations and restructurings, including in the context of the critically important response to Brexit by several primary financial institutions.
Harlan Fiske Stone Scholar
Experience
Debt Capital Markets
Permira in connection with the Rule 144A and Reg. S offering of US$790 million 6.5% senior secured notes for the acquisition and combination of the Kedrion and BPL healthcare groups.*
The underwriters in connection with the Rule 144A and Reg. S offering of €275 million senior secured floating rate notes by Cedacri S.p.A., a leading provider of technology solutions for banks and a portfolio company of the ION Group.*
Universal Music Group N.V., a world leader in music entertainment, in connection with the Reg. S offering of €750 million 4.000% senior notes.*
Universal Music Group N.V. in connection with the Reg. S inaugural offering of dual-tranche €500 million 3.750% senior notes and €500 million 3.000% senior notes.*
ERG S.p.A., the largest wind energy producer in Italy and one of the main in Europe, in connection with the Reg. S offering of €500 million 1.875% fixed rate notes.*
Davide Campari Milano N.V., a leading manufacturer, distributor and marketer of beverages, in connection with the Reg. S offering of €150 million 1.650% senior fixed rate notes.*
Equity Capital Markets
The underwriters in connection with the Rule 144A and Reg. S €6.5 billion initial public offering of Pirelli S.p.A., one of the leading tyre manufacturers in the world, representing the largest IPO in Italy in several years.*
The underwriters in connection with the Rule 144A and Reg. S €800 million rights issue of BPER Banca S.p.A., representing the largest share capital increase of the year in Italy.*
The underwriters in connection with the Rule 144A and Reg. S €500 million IPO of GVS S.p.A., a global leader in the manufacturing of advanced filtration solutions, representing the second-largest European offering of the year.*
The underwriters in connection with the Rule 144A and Reg. S €230 million IPO of Newlat Food S.p.A., one of Italy's leading agri-food companies, representing the only successful IPO in Italy during the Covid-19 pandemic.*
The underwriters in connection with the Reg. S €500 SPAC IPO of Space4 S.p.A. with concurrent listing of the shares and warrants on Euronext Milan, representing the largest SPAC offerings in Italy to date.*
* Pietro worked on these matters prior to joining White & Case.
