Osborne Clarke: Facilitating Real Estate Financing for ICCREA Banca in Turin
Deal News | Dec 24, 2024 | Osborne Clarke
Osborne Clarke, a renowned international legal practice, played a pivotal advisory role in a significant financing project involving ICCREA Banca S.p.A. The legal firm provided strategic counsel to ICCREA Banca, which acted both as an agent bank and lending bank, alongside Banca Alpi Marittime Credito Cooperativo Carrù Società Cooperativa. This collaboration focuses on a substantial real estate investment in Turin, Italy. The arrangement underscores the essential role of proficient legal advising in complex financial transactions, ensuring robust framework and compliance with relevant regulations for successful execution. The synergy between financial institutions and legal advisors is crucial for fostering major infrastructure projects, which boost regional economic development.
Sectors
- Legal Services
- Financial Services
- Real Estate
Geography
- Italy – The real estate investment project is located in Turin, Italy. The geographical focus is crucial as it involves regional economic impact and development.
Industry
- Legal Services – Osborne Clarke's role in advising and structuring the financing deal highlights the importance of legal services in facilitating complex financial transactions.
- Financial Services – ICCREA Banca and Banca Alpi Marittime play vital roles as financial institutions providing the capital needed for the real estate investment project.
- Real Estate – The project is centred around a real estate investment in Turin, emphasizing the industry's significance in this transaction.
Financials
- – The financial details of the real estate investment project in Turin are not specified in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Osborne Clarke | Advisor | Company | Osborne Clarke provides legal advisory services, facilitating financing for complex investment projects. |
| ICCREA Banca S.p.A. | Agent Bank and Lending Bank | Company | ICCREA Banca S.p.A. acts as both the agent and lending bank in this real estate financing project. |
| Banca Alpi Marittime Credito Cooperativo Carrù Società Cooperativa | Lending Bank | Company | Participates as a lending bank in the financing arrangement for the real estate project. |