Announcement - New member of The Lawyer Network in Italy

Roberto Ferretti is one of the founding partners of Studio Legale Bonora e Assocati, an independent law firm established in 2000 and belonging to the Italian network LibraJus. Roberto and his team assist multi-national groups, corporations and financial institutions in the negotiation and arrangement of complex corporate and financial transactions, such as M&As, transfers of businesses, restructuring and winding-up of companies, joint ventures, credit facilities, syndicated loans and pool financing, inter-company loans, subordinated and hybrid loans, cash pooling and debt restructuring. They also cover all the regulatory aspects relating, among others, to: - Licensing, conduct of business and winding-up of regulated entities, such as banks, insurance companies, financial and payment institutions, investment firms and asset management companies; - Transfer of shareholdings in those institutions; - Transfer of financial businesses and portfolios; - Establishment of Italian branches of foreign institutions.