Cassa Depositi e Prestiti (Cdp), Intesa Sanpaolo and Banca Europea degli Investimenti (Bei) provided La Spezia Container Terminal (Lsct, part of Eurokai through Gruppo Contship Italia,) a financing facility of 160 millione euros (see here a previous post by BeBeez). Lsc twill invest such proceeds in purchasing industrial machinery and in improving the port infrastructure.
UniCredit subscribed a 2.5 million euros loan that SLAM (Società Lavorazioni Metalli), an Italian company specialising in processing and painting aluminium profiles and sheets (see here a previous post by BeBeez). Fondo Garanzia pmi by MCC provided a warranty for the financing SLAM will invest such proceeds in its organic development. The company has sales of 11.1 million, an ebitda of 1.1 million and a net debt of 4.4 million.
Servizi Ambientali Veneto Nord Orientale (SAVNO), an Italian waste management company, received a green loan of 4 million euros from Intesa Sanpaolo with the warranty of SACE (see here a previous post by BeBeez). SAVNO will invest such proceeds in its sustainable projects for 2022-2025 ahead of the achievement of carbon neutrality.
Solution Bank signed a partnership with Italian fintech October, a direct lending platform (see here a previous post by BeBeez). The bank will provide loans to the Italian SMEs that look for resources on October.
Cooperativa Sociale Medihospes received from Unicredit a social impact loan of 5 million euros with the warranty of Garanzia SACE (See here a previous post by BeBeez). Medihospes will invest the raised proceeds in its organic growth.
Max Store, part of Gruppo Fin Max, a retailer of house products that belongs to the Natoli family, issued a 2 million euros minibond maturing on November 2026 that Zenit subscribed (see here a previous post by BeBeez). The bond has an amortizing repayment structure. The company will invest the raised proceeds in opening further shops in Sicily an implementing internal audit and governance strategy. Max Store has sales of 5.7 million euros, with an ebitda of 0.3 million and a net financial debt of 1,7 million
On 13 October, Thursday, Milan Court will make a decision about the receivership plan of Moby and Tirrenia-CIN (see here a previous post by BeBeez). The date was postponed from initial Sept 30th as Grimaldi Euromed, an Italian shipping and logistic company, appealed the Court against the receveirship agreement already signed by creditors of both Moby and Tirrenia-CIN.
