Skadden Arps Slate Meagher & Flom has advised insurance and financial products giant Generali Group on two major bond issues worth a combined value of £1.3bn – the biggest piece of work the firm’s London office has done for the client.
Skadden London finance partner James Healy led the team on the deal which saw Generali issue two bonds worth €1.25bn (£827m) and £495m. Generali will use the proceeds to repay outstanding debt under a financing agreement for the acquisition of Italian insurer Toro Assicurazioni.
