EcoEridania, an Italian waste management company that is part of the community Élite and of which Icon Infrastructure Partners has 75%, raised 340 million euros for its organic development and M&A transactions (see here a previous post by BeBeez). Andrea Giustini and Rossella Giustini have a 25% of the company which issued a 135 million euros floating rate Vienna-listed bond maturing on 28 February 2030. Schroders Capital Management France and Kommunalkredit Austria carried on the private placement of the issuance. EcoEridania attracted equity financing of 205 million from Ing Bank-Milan Branch, Banco Bpm, Mps Capital Services Banca per le Imprese, Natixis-Milan Branch, Crédit Agricole Italia, Bper Banca, and Kommunalkredit Austria. EcoEridania retained Rothschild & Co, Ashurst, Studio legale Scp, and Studio Rossi-Finamore as advisors while Linklaters assisted the lenders.
Troubled Italian football club Sampdoria attracted the interest of a club deal that WRM Group leads (see here a previous post by BeBeez). Massimo Zanetti is part of the club deal that may invest in a convertible bond that Sampdoria could issue for up to 40 million euros.
Milan-listed credit recovery firm doValue sold to Intrum two NPL portfolios worth 630 million euros gross that HAPS Cairo 1 and Cairo 2 (two svps that doValue Greece is managing) (see here a previous post by BeBeez). Hellenic Finance acted as advisor.
Giacomini, an Italian producer of heating and ac components, received a 10 million euros financing facilities from Banco BPM (see here a previous post by BeBeez). Giacomini will invest such proceeds in its organic development. The company has sales of 302 million, an ebitda of 30.7 million and net cash of 13 million.
Fondo Infrastrutture per la Crescita – ESG (IPC), a veichle that Azimut Libera Impresa manages, attracted a 35 million euros project financing facility from Banco BPM, Mediocredito Centrale, Banca Popolare di Puglia e Basilica, and BCC Campania Centro Cassa Rurale ed Artigiana (see here a previous post by BeBeez). The fund will invest such proceeds in the development of the biomass plants Bioenergy Albanella and Bioenergy Serre based in the Southern Italian region of Campania.
F2A, a provider of BPO services that belongs to Ardian Expansion, attracted an unitranche financing facility of 100 million euros from Capza (see here a previous post by BeBeez). The company received a 45 million credit line for financing its organic growht and acquisitions. Capza retained Orrick Herrington and Sutcliffe as counsel, while Gattai Minoli Partners and Studio Gitti and Partners assisted F2A which also announced the acquisition of Italian competitors Harvard, Errebi and Ciesse Elaborazioni. F2A has sales of 63.8 million, an ebitda of 6.8 million and a net financial debt of 33 million.
Bologna Court accepted the debt restructuring plan of Italian industrial company Samp, part of Maccaferri Group, a firm that is in receivership since 2019 (see here a previous post by BeBeez). Arrow Credit Opportunities signed the restructuring agreement and subscribed to the abs notes. Samp’s liabilities amount to 132 million euros.
Caffè Borbone, a company of which Italmobiliare has 60%, received a 10 million euros financing from BPER Banca (see here a previous post by BeBeez). The lender acted with the support of the firm’s controlling shareholder. Caffè Borbone will invest such resources in eco-friendly industrial machinery. Massimo Renda has 40% of the business which has sales of 252.9 million, an ebitda of 88.1 million, net cash of 10 million and equity of 379.8 million.
Italian car rental firm Sicily by Car received from UniCredit two financing facilities for a total of 20 million euros (see here a previous post by BeBeez). SACE provided a warranty for a 15 million facility that the company will invest in purchasing hybrid vehicles. Sicily by Car will use the other 5 million loan for acquiring cars. The firm has sales of 74.9 million, an ebitda of 21.7 million and a net debt of 1.7 million.
M-Cube digital engagement, an Italian provider of instore audiovisual marketing solutions that belongs to HLD Europe since September 2017, issued a minibond of 7.35 million euros that Merito subscribed (see here a previous post by BeBeez). M-Cube is active in Italy, the UK, France, Belgium, The Netherlands, Germany, Spain, China, Hong Kong, and USA. Manlio Romanelli heads the company that has sales of 16.6 million, an ebitda of 1.4 million and net cash of 1.5 million.
Entsorga Italia, an Italian provider of systems for the renewable energy sector, issued a 3 million euros minibond as part of the Basket Bond-Energia Sostenibile programme that ENI, ELITE and illimity Bank launched in November 2021 (see here a previous post by BeBeez). Milan-listed solar energy firm Comal, (7 million issuance) and Italian multiutility Egea (10 million) previously joined the programme. Entsorga’s bond will come to maturity in up to six years. The issuance has a pre-amortising structure of up 21 months with a repayment plan of 17 quarterly instalments. Enstorga has sales of 2.23 million, an ebitda of 1.15 million and a net debt of 0.815 million. The company will invest 40% of the raised proceeds in the implementation of ESG strategies.
