Ughi e Nunziante partner Giuseppe de Falco and associate Amanda Afan de Rivera assisted Unicredit Banca d’Impresa in a factoring transaction for an aggregate amount of Euro 115 million relating to the assignment by Credsec S.p.A. of certain receivables vis-à-vis social security authorities (Aziende Sanitarie Locali) of Lazio and Campania.

Together with Unicredit Banca d’Impresa and Unicredit Factoring (the latter in its capacity as factor), also Meliorbanca, Banca Monte dei Paschi di Siena and MPS Leasing & Factoring Banca per i Servizi Finanziari alle Imprese participated in the transaction, all in their capacity as lenders.