Antea RE, a vehicle of Ceetrus Italy (part of Auchan) and Runca, received a 124 million euros financing facility from a pool of undisclosed banks for the developement of Turin’s To Dream shopping mall (see here a previous post by BeBeez). Gianni & Origoni assisted the lenders, Giovannelli e Associati advised Antea RE. To Dream is a 270000 sqms Urban District.
Tenax Sustainable Credit Fund, a private debt vehicle that Tenax Capital launched in October 2022, provided 8 Italian firms with financing facilities worth a total of 40 million euros (see here a previous post by BeBeez). The fund already raised 200 million ahead of a final target of 300 million. By the end of 2023, the fund expects to issue financing facilities for 100 million. Intesa SanPaolo and Cassa Depositi e Prestiti (40 million) are the anchor investors of Tenax Sustainable Credit Fund, which aims to support Italian SMEs operating in the fields of sustainability, innovation and digitization. The vehicle also attracted 60 million warrantied from the European Investment Fund (EIF). Massimo Figna is the ceo and founder of Tenax Capital.
Kryalos Opportunity Fund, a vehicle of Kryalos, attracted a 30.5 million euros financing facility from UniCredit (see here a previous post by BeBeez). The fund will invest such proceeds in its operational and investment activities. Kryalos Opportunity Fund I has resources of 300 million to allocate in real estate and property developments for office, logistics, hotel or retail use with a value-added/opportunistic investment approach. Paolo Bottelli is the ceo of Kryalos.
Orienta Capital Partners, an Italian club deal platform, issued a 7 million euros mezzanine bond that Riello Investimenti Partners subscribed (see here a previous post by BeBeez). Orienta will use such proceeds for financing the acquisition of Bierrebi. The club deal also received a financing facility of BPER Banca, IFIS, Solution Bank, and Green Arrow Capital. Bierrebi is producer of industrial machinery for the textile sector and has sales in the region of 20 million with an above 45% ebitda margin. The Virlinzi Family (60%) and Mario Paoluzi (40%) sold part of their stakes. Francesco Virlinzi and Paoluzi (co-ceos), Simone Compagnucci and Giuseppe Cianci will keep their roles. Alberto Lampertico is the private debt investment director for Riello Investimenti.
