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White & Case Advises Inter Media on €350M Private Placement

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Posted: 27th June 2025
Izabel Modano
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White & Case Advises Inter Media on €350M Private Placement.

White & Case LLP has advised Inter Media and Communication S.p.A., the commercial arm of F.C. Internazionale Milano and its financial backer, Oaktree Capital Management, on a major new financing deal.

The team supported both the Italian and U.S. law aspects of a €350 million senior secured notes offering, set to mature in 2030. The notes were privately placed with U.S. institutional investors, with BofA Securities serving as placement agent.

Inter Media and Communication was originally set up to manage Inter Milan’s media rights and sponsorship income. The new funding will be used to refinance a previous high-yield bond issued in 2022, strengthening the club’s long-term financial structure.

White & Case brought together lawyers from across its London and Milan offices to advise on the deal. The team included partners Michael Immordino and Evgeny Scirtò Ostrovskiy, associates Pietro Bancalari and Marco Cattani, and lawyer Stefano Cultrera.

Inter Media and Communication S.p.A. is a wholly owned subsidiary of F.C. Internazionale Milano S.p.A., created to manage and commercialize the club’s media, sponsorship, and broadcasting rights. Established in 2014, the company oversees all revenue-generating activities tied to Inter Milan’s brand, including global media distribution, commercial partnerships, advertising, and digital content.

Serving as the main vehicle for monetizing the club’s intellectual property, Inter Media plays a central role in Inter Milan’s financial strategy and international growth. It has become a key platform for investor engagement, capital markets activity, and long-term brand development.

White & Case LLP is a global law firm known for providing high-quality legal services to clients across a broad range of industries. Founded in 1901, the firm has grown to become one of the largest international law firms, with offices in over 40 locations worldwide. White & Case specializes in complex legal matters, including banking and finance, mergers and acquisitions, capital markets, dispute resolution, and regulatory compliance. The firm represents multinational corporations, governments, and financial institutions, offering expertise in cross-border transactions, international litigation, and arbitration. White & Case is renowned for its deep industry knowledge, innovative solutions, and commitment to delivering results for its clients.

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