June 27, 2025


White & Case Secures €350M Finance Deal for Inter Media with U.S. Investors

White & Case LLP, a prominent global law firm, has successfully facilitated a significant financing agreement for Inter Media and Communication S.p.A., a key entity within the F.C. Internazionale Milano group. This strategic move, involving a €350 million senior secured notes offering, underscores the firm's expertise in managing complex international financial transactions.

Inter Media, established as the commercial branch of the renowned Italian football club, has been instrumental in monetizing the club's media and sponsorship revenues. Initially set up to enhance the club’s financial footing through media rights and sponsorship deals, Inter Media has evolved into a vital component of Inter Milan's broader financial and strategic framework.

The newly secured funds are earmarked to refinance a previous high-yield bond issued in 2022. This refinancing is expected to bolster the club’s financial architecture over the long term, ensuring stability and potential growth as it continues to engage with global markets.

The transaction, slated to mature in 2030, was exclusively placed with U.S. institutional investors, featuring BofA Securities as the placement agent. This move highlights the growing confidence in football-related investments and the strategic importance of sports in global finance.

White & Case’s role extended beyond mere advisory, as it brought together a diverse team from its London and Milan offices to navigate the intricacies of both Italian and U.S. law. The team, led by partners Michael Immordino and Evgeny Scirtò Ostrovskiy, with associates Pietro Bancalari, Marco Cattani, and lawyer Stefano Cultrera, showcased the firm’s commitment to providing comprehensive cross-border legal solutions.

The firm's involvement in this transaction illustrates its continued influence and capability in guiding significant capital market activities. White & Case, with a history dating back to 1901 and a vast network of offices worldwide, remains a go-to for entities seeking to navigate the complex landscapes of international finance and law.

This transaction not only reinforces Inter Media’s pivotal role in supporting Inter Milan’s financial strategies but also underscores the potential of sports entities to leverage capital markets for growth and stability. As Inter Media continues to expand its global footprint, such partnerships are crucial in ensuring it remains at the forefront of the sports industry's economic expansion.