Antares, an Italian car dealer and provider of maintenance services, issued a sustainability linked minibond of 3 million euros maturing in 10 years that UniCredit subscribed (see here a previous post by BeBeez). The company will invest the raised proceeds in the implementation of ESG strategies that will improve the rating that Ecovadis assigns. Antares belongs to Tania Armani (50%), Luigi Armani (49%) and Paolo Canepari (1%) and has sales of 25 million euros. In 2022 the company posted a turnover of 18.3 million, an ebitda in the region of 0.469 million, a net financial debt of 10.4 million and equity of 12.6 million.
Valdigrano di Flavio Pagani, an Italian pasta maker, raised 8.5 million euros in direct lending throuhg Azimut Direct for acquiring a plant based in Rovato (Brixia area) from Pasta Zara (see here a previous post by BeBeez). Flavio Pagani heads Valdigrano which has sales of 107.5 million, an ebitda of 7.6 million and a net financial debt of 10.8 million.
E.Management, an asset development and project & construction management for renewable energy plants and Battery Energy Storage System (BESS), attracted a 4.5 million euros direct lending facility maturing in December 2028 from Anthilia Capital Partners (see here a previous post by BeBeez). The borrower belongs to even shareholders Museum (95% of Heinz Peter Hager and 5% of Andrea Martha Thuile) and Heliopolis Development (72.12% of Paolo Signoretti). E.Management has sales of 1.8 million, an ebitda of 1 million and net cash of 0.15 million.
Milan-listed Intesa SanPaolo‘s Defined Contribution Pension Fund (DCPF) aims to invest in private debt and private equity and welcomes pitch proposals (see here a previous post by BeBeez). The board of DCPF will appraise firms that operate in the fields of European private debt, secondary European and\or global private equity and Italian private equity.