Bank of America Merrill Lynch
Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. The company serves clients through operations in more than 40 countries globally. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses, offering an integrated and comprehensive set of products and services across Global Corporate and Investment Banking and Global Markets and serving the needs of corporate, institutional and government clients, combining the best of local knowledge and global expertise. The company is a long-established participant in EMEA with a presence since 1922.
Active in Italy since the 1960s, Bank of America Merrill Lynch has grown to offer a wide range of Investment Banking and Corporate Banking activities in the region, providing strategic advice as well as debt and equity products, financing, risk management, capital raising services and innovative financial solutions for a broad range of Italian corporates and financial institutions.
In recent years, Bank of America Merrill Lynch has continued to be involved as a leading financial advisor, equity and debt underwriter and lender, and has been involved in several of the most important Italian Corporate and FIG transactions. In M&A, the Bank has played a pivotal role in the combination of Fiat and Chrysler, the reorganisation of Enel / Endesa portfolio of Latam assets, the merger of Credito Bergamasco into Banco Popolare, the sale of Poltrona Frau to Haworth, the JV between Snam and Fluxys, Dufry acquisition of Nuance, the sale of Industries Sportswear to Emerisque Brands. In Equity, the Bank has lead the IPO of Moncler, the IPO of Brunello Cucinelli, Fondo Strategico sale of the stake in Generali, Monte Paschi and Banco Popolare rights issues. While maintaining its role as leading bank in advising Italian issuers in accessing the US public and private capital markets, the Bank has established itself also as one of the most active and respected players in the European capital markets. Significant transactions where the Bank had a leading role include Enel’s global hybrid capital programme and 2i Rete Gas’ €2.5bn refinancing and debut debt issuance; several Eurobond issues such as those for Fiat SpA, FGA Capital, Snam, Piaggio, Finmeccanica, Telecom Italia; US private placements for Autogrill, IMA, Barilla, De’ Longhi; acquisition financings for Fontana, Ali, Campari. The bank also has an outstanding global treasury platform and works, among others, with prominent Italian fashion houses. In the financial institutions sector, thanks to its unrivalled track record and leadership position, the Bank can be considered as the leading house for Peripheral issuers across the Capital Structure, having participated in all recent subordinated and funding transactions for major Italian counterparties such as UniCredit, Intesa Sanpaolo, Banco Popolare and Monte dei Paschi di Siena.