Riccardo Maggi Novaretti

• Advised the syndicate of Joint Lead Managers, lead by Bank of America, on Telekom Srbija’s landmark offering of (i) $1,350,000,000 7.250% Notes due 2031, (ii) €500,000,000 6.750% Notes due 2033 and (iii) €300,000,000 7.125% Notes due 2036.
• Advised the initial purchasers in connection with the offering of $500 million 6.750% senior notes due 2031 by HTA Group Ltd., a wholly owned subsidiary of Helios Towers plc, a leading independent telecommunications tower infrastructure company, whose shares are listed on the London Stock Exchange.
• Advised Suntera Global, a Jersey headquartered, independent global provider of bespoke fund, corporate and private wealth services, in connection with a secured senior financing package from global investment firm Carlyle.
• Advised Boparan Holdings Limited and its group in connection with the refinancing of their existing senior secured notes, along with the refinancing of their existing term and revolving loans. This was achieved through the issuance of £390 million of new senior secured notes.
• Advised Boparan Holdings Limited in connection with (i) the tender offer for their existing notes due 2024 and (ii) the amendment and restatement of its £80.0 million super senior revolving facility.
• Advised an ad hoc group of secured convertible noteholders to Core Scientific in its chapter 11 cases
• Advised KEB Hana Bank in connection with the update of their GMTN Programme
• Advised Goldman Sachs, Morgan Stanley, Barclays, BNP Paribas, BofA Securities, Credit Agricole CIB, Deutsche Bank, J.P. Morgan, RBC Capital Markets, Scotiabank, TD Securities, and Wells Fargo as initial purchasers in connection with the issuance of $2.05 billion Senior Guaranteed Notes due 2029 by CSC Holdings, LLC, a subsidiary of Altice USA
• Advised Bank of America Merrill Lynch and Goldman Sachs as global coordinators for the debut $325 million high-yield notes issuance of ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa
• Advised BMO Capital Markets and Imperial Capital in connection with the issuance of $300 million aggregate principal amount of 12.00% Senior Secured Notes due 2028 by Greenfire Resources Ltd
• Advised Abry Partners II, LLC, the tech, media and communications focused private equity firm and Link Mobility Group on Link Mobility’s listing on the Oslo Stock Exchange (OSE). The offering comprised primary, secondary, and additional shares equating to NOK 6,902 million, the biggest IPO in the Nordics in 2020 and was more than 10 times covered outside the cornerstone investors
• Advised Officine Maccaferri S.p.A in the restructuring of its high-yield bonds through an Italian concordato preventivo procedure
• Advised Onorato Armatori S.p.A. on the refinancing of its existing indebtedness through the issuance of a secured high yield bond and a senior secured term and revolving credit facilities. The high yield bond – the first debut issuance in Europe in 2016 – consisted of the issuance of €300 million, 7.75 percent Senior Secured Notes due 2023. Onorato Armatori S.p.A. is one of the largest passenger and freight roll-on roll-off ferry operator in Italy, providing transportation services connecting mainland Italy to islands off the Italian coast.
• Advised Bank of America Merrill Lynch, Barclays Capital, Morgan Stanley, and TD Securities in connection with a $1 billion power bond issued by the Tennessee Valley Authority
• Advised Morgan Stanley, Bank of America Merrill Lynch and Goldman Sachs as global coordinators for the high-yield notes issuance of an aggregate of €1.475 billion Senior Secured Notes and Senior Notes by Summer (BC) Holdco B S.à r.l. and Summer (BC) Holdco A S.à r.l. The Notes were issued as part of the $3 billion financing package for the proposed Bain Capital’s acquisition of a majority stake in Kantar - a London-headquartered market research business - from British multinational advertising and public relations firm WPP
• Citigroup, Barclays, BNP PARIBAS, Crédit Agricole CIB, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, Morgan Stanley, RBC Capital Markets, Scotiabank, TD Securities and Wells Fargo Securities in connection with the $1.0 billion senior bond issued by CSC Holdings, LLC, a subsidiary of Altice USA, one of the largest broadband communications and video services providers in the United States
• Advised J.P. Morgan, BNP PARIBAS, Barclays, Citigroup, Crédit Agricole CIB, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, RBC Capital Markets, Scotiabank, TD Securities and Wells Fargo in connection with the issuance of $1.0 billion 3.375% Senior Guaranteed Notes due 2031 and $1.7 billion 4.625% Senior Notes due 2030 by CSC Holdings, LLC, a subsidiary of Altice USA, one of the largest broadband communications and video services providers in the United States, listed on the New York Stock Exchange.
• Advised Goldman Sachs, Mediobanca and UBS, as Underwriters, in connection with the Moleskine €490 million initial public offering on the Milan Stock Exchange (including Rule 144A tranche).
• Advised Credit Suisse, Citigroup, Barclays, BNP Paribas, Crédit Agricole CIB, Deutsche Bank Securities, Goldman Sachs, J.P. Morgan, Morgan Stanley, RBC Capital Markets, Scotiabank, TD Securities and Wells Fargo in connection with the $1.25 billion tap senior notes issued by CSC Holdings, LLC, a subsidiary of Altice USA, one of the largest broadband communications and video services providers in the United States.
• Advised J.P. Morgan, BNPP, Barclays, BofA, Citi, Crédit Agricole, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, Royal Bank of Canada, TD Securities, Scotiabank, and Wells Fargo in connection with a syndicated New-York-law-governed $2 billion 5-year Senior Secured Term Loan B for CSC Holdings, LLC, a subsidiary of Altice USA, one of the largest broadband communications and video services providers in the United States
• Advised Goldman Sachs International in connection with the issuance of CHF100 million aggregate principal amount of 5.250% Senior Secured Notes due 2028 by Matterhorn Telecom S.A., the parent company of Salt Mobile S.A., one of the fastest growing fully converged Swiss telecommunications operators. This issuance represented the first issuance in CHF made by Salt.
• Advised BofA Securities, J.P. Morgan, Standard Bank, ABSA, Barclays, Jefferies and Renaissance Capital as initial purchasers for $750 million of senior notes issued by HTA Group, Ltd, in connection with the refinancing of its existing senior notes and existing term loan
• Advised BofA Securities as global coordinators for the debut $300 million high-yield notes issuance of Zorlu Yenilenebilir Enerji A.S., a subsidiary of Zorlu Enerji A.S., a leading integrated utility company whose shares are listed on Borsa Istanbul
• Represented Boparan Holdings Limited and its group, in connection with the refinancing of their existing senior notes and existing term and revolving loans by way of the issuance of £525 million of senior notes, issued by Boparan Finance plc. Boparan Holdings Limited is the parent company for 2 Sisters Food Group with headquarters in Birmingham, a leading food manufacturer with strong market positions in Poultry, Meals and Bakery categories
• Advised Barclays Bank, BNP Paribas, Credit Suisse, HSBC, Morgan Stanley, Royal Bank of Canada, Jefferies, Lloyds of London, Sumitomo Mitsui, Goldman, Natwest, and Unicredit as senior arrangers and Broad Street, Goldman MBD, KKR Credit, Canyon, Albacore and Carlyle Credit in relation to the financing for Advent International’s £2.67 billion, public-to-private acquisition of Ultra plc. The debt financing comprised a package of senior secured TLB and RCF, privately placed senior unsecured notes and privately placed floating rate PIK toggle notes.
• Advised J.P. Morgan, BNPP, Barclays, BofA, Citi, Crédit Agricole, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, Royal Bank of Canada, TD Securities, Scotiabank, and Wells Fargo in connection with a syndicated New-York-law governed $2 billion 5-year Senior Secured Term Loan B for CSC Holdings, LLC, a subsidiary of Altice USA, one of the largest broadband communications and video services providers in the United States.
  

Riccardo Maggi Novaretti advises issuer and underwriter clients, as well as alternative capital investors on international capital markets and cross-border leveraged finance transactions, with a particular focus on high-yield bond financings. Riccardo also advises on debt liability management transactions, restructurings, initial public offerings and U.S. securities law matters.

Prior to joining King & Spalding, Riccardo worked in the capital market group of other leading U.S. law firms in Milan, New York and London. Riccardo received his J.D., magna cum laude, from the University of Turin, Faculty of Law (Italy), in 2011 and his LLM from Duke University, School of Law, Durham (NC, USA) in 2017.

Riccardo is admitted as an Attorney at Law in the State of New York.