Milan Metro Line 5 Project Named “European Transport Deal of the Year” by Project Financial International
ROME (February 8, 2016) – Project Finance International magazine has selected Line 5 of the Milan Metro, one of the major transport deals McDermott advised on in 2015, and the first-ever combined bond-loan structure in public transportation in Italy, as its “European Transport Deal of the Year.”
The prestigious magazine also recognized McDermott partner Marco Cerritelli, who led the legal team advising on the project with support of senior associate Valentina Perrone, for his leadership at the awards ceremony held in London on 3 February 2016.
„European Transport Deal of the Year 2015“ is part of ”The PFI Awards”, a prestigious event that rewards the world’s excellence in the financial sector. The award highlighted the great team work of the Municipality of Milan and of companies, financiers and legal advisers involved in the project. Their joined efforts led to the creation of a strategic infrastructure for sustainable mobility in Milan, confirming McDermott team’s strong reputation in heavily regulated and complex sectors such as transportation, healthcare, roads and other infrastructure-related areas.
We are truly honored to receive this recognition”, said Marco Cerritelli. “Line 5 of the Milan Metro was an exciting initiative and we are delighted to have played a significant part in its completion. We would like to thank the Municipality of Milan for the trust they placed in us. We are looking forward to advising on future complex infrastructure projects of this type,” he added.
McDermott’s Italian project finance team provides a broad range of services to domestic and international clients on all aspects of infrastructure sectors in Italy, Europe and the Middle East. The Firm represents developers, operators and suppliers, as well as private investors and funds, financial institutions, and international brokers and dealers. McDermott is also one of the top providers of legal services to participants in competitive energy trading markets.
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.