CLIENT : Finmeccanica S.p.A.

TRANSACATION: Capital markets

DATE: December 2001

SECTOR: Industrial

Mandate: Advisory to Finmeccanica SpA in the sale, through an accelerated book building operation, of 30,000,000 bonds convertible into STMicroelectronics shares, an Italian-French group among the world leaders in the microchips sector.

Activities performed:
analysis of ossible options for the disposal of STM shares by Finmeccanica, evaluated in relation to the criteria/objectives of reference for the operation and assistance in the selection of the option represented by accelerated book building; assistance in structuring the book building operation and defining the related terms and conditions.

Value of the transaction: € 1,100 million