Campari Group has successfully consummated the corporate capital increase transaction through the placement of new ordinary shares for an exchange value of approx. 650 million, by accelerated bookbuilding offer, and the issue of a senior unsecured convertible bond expiring in 2029 for additional 550 million. Net proceeds of the combined offer shall be partially applied to fund the acquisition of Courvoisier.

The settlement and delivery of the newly issued ordinary shares is expected on 12 January 2024, while the settlement and delivery of the convertible bonds is expected on 17 January 2024.

PedersoliGattai acted as lead counsel in the transaction with a team composed of Eugenio Barcellona and Marcello Magro (partners), Leonardo Bonfanti (junior partner), Federico Tallia (senior associate), including Carlo Ranotti, Stefano Piccoli, Giulia Ambrosiani and Antonio Nisi (associates).