Loan Deal of the Year - IFLR Awards 2016

For the second consecutive time Chiomenti has been awarded the prize "Loan Deal of the Year" at the IFLR Awards 2016 held in London on April 21, 2016.

The prize has been awarded in relation to the loan granted by P Morgan, Intesa SanPaolo, Unicredit and other lenders to China National Chemical Corporation for the takeover of Pirelli & C. S.p.A. (also through the launch of a mandatory tender offer); in this respect, Chiomenti has assisted Camfin S.p.A. and Nuove Partecipazioni S.p.A. for the creation of an industrial and strategic partnership with China National Chemical Corporation entailing the acquisition of the control over Pirelli & C. S.p.A., its de-listing and the subsequent reorganization and long term industrial value creation of the company.