Italo offers unique European high speed rail play in IPO

Italo, the private Italian operator of high speed trains founded by a former chairman of Ferrari, has announced its intention to float on Borsa Italiana, offering investors a “unique” opportunity to play the high speed rail market in Europe, according to a banker involved.

  • By Aidan Gregory
  • 23 Jan 2018

The IPO consists of a 35%-40% share placement from Italo's major shareholders, including Intesa Sanpaolo, plus a 15% greenshoe. The deal is expected to be launched in February. 

Banca Imi, Barclays, Credit Suisse and Goldman Sachs are global coordinators, UniCredit bookrunner. Rothschild is adviser to the company.

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