TIM Secures €3 Billion Revolving Credit Facility with Hogan Lovells' Guidance
Deal News | May 12, 2025 | Hogan Lovells
Hogan Lovells has advised telecommunications giant TIM in securing a €3 billion revolving credit facility. Following a recent strategic reduction in its debt levels, TIM was able to lower the notional amount of this new credit line by €1 billion compared to previous arrangements. This transaction highlights TIM’s ongoing financial management strategy to streamline its debt structure. The advisory team from Hogan Lovells, which played a pivotal role in this transaction, was led by partners Patrizio Messina and Alessandro Accrocca, supported by associate Edoardo Minnetti and trainees Noemi Biagini and Riccardo Del Torto.
Sectors
- Telecommunications
- Legal Services
- Corporate Finance
Geography
- Europe – The transaction involves TIM, a European telecommunications company, indicating a European geographic focus.
- Italy – TIM is an Italian telecommunications company, and the transaction is focused on financial dealings pertinent to an Italian entity.
Industry
- Telecommunications – TIM is a company operating in the telecommunications industry, and the article discusses a financial transaction related to its operations.
- Legal Services – Hogan Lovells, a legal firm, played a significant advisory role in securing the credit facility for TIM, highlighting the involvement of the legal services industry.
- Corporate Finance – The transaction involves a substantial revolving credit facility, which is pertinent to corporate finance and the management of corporate debt.
Financials
- €3 billion – The amount of the revolving credit facility secured by TIM.
- €1 billion – The reduction in the notional amount of the new credit line due to TIM's debt restructuring.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TIM | Target Company | Company | An Italian telecommunications company engaged in securing a revolving credit facility. |
| Hogan Lovells | Legal Advisor | Company | A global law firm advising TIM on the revolving credit facility. |
| Patrizio Messina | Partner | Person | Partner at Hogan Lovells leading the advisory team for this transaction. |
| Alessandro Accrocca | Partner | Person | Partner at Hogan Lovells involved in the transaction. |
| Edoardo Minnetti | Associate | Person | Associate at Hogan Lovells assisting in the credit facility transaction. |
| Noemi Biagini | Trainee | Person | Trainee at Hogan Lovells part of the advisory team. |
| Riccardo Del Torto | Trainee | Person | Trainee at Hogan Lovells part of the advisory team. |