Ughi e Nunziante partner Giuseppe de Falco and associates Maria Chiara Cieri and Benedetto Colosimo advised B.N.L. (Bnp Paribas Group), in its capacity as mandated lead arranger, in the Euro 33,8 million financing to Terme di Montecatini S.p.A. The bank syndicate included Monte dei Paschi di Siena Capital Services Banca per le Imprese, Credito Cooperativo Valdinievole, Cassa di Risparmio di Prato, Banca Popolare dell’Etruria e del Lazio, Banca di Credito Cooperativo di Cambiano, Cassa di Risparmio di Pistoia e Pescia, Banca Infrastrutture Innovazione e Sviluppo.

The financing is instrumental to the implementation of a significant master plan for the requalification of the thermal-baths business in Montecatini (Tuscany). The business plan contemplates a number of infrastructure projects aimed, among other things, at the enhancement and enlargement of the important real property complex owned by Terme di Montecatini S.p.A.