Hirpinia Holding, a subsidiary of Energia&Servizi (a portfolio company of Ardian Clean Energy Evergreen Fund), received a 57 million euros project finance facility from BPER Banca and Unicredit (see here a previous post by BeBeez). The company will invest such resources in the greenfield development of plants with a total power of 41 MW. L&B Partners assisted Hirpinia Holding.
Augusta, part of real estate player Gruppo CAM, received a 32.5 million euros financing facility from Unicredit for developing a residential project in Rome (see here a previous post by BeBeez). Orsingher Ortu – Avvocati Associati assisted Unicredit while Eugenio Schiavone advised CAM.
Milan-listed Clabo, a producer of refrigerated display case, issued a 6.85 million euros bond (see here a previous post by BeBeez). Anthilia GAP (lead investor – 5 million) and Riello Investimenti subscribed to such an issuance maturing on 31 December 2030. Deloitte Financial Advisory and Simmons & Simmons assisted the company. The bond pays a rate of 6M Euribor plus a spread in accordance with the provisions of the loan regulations. The first payment date is 30 June, Sunday, until the maturity. The company and its subsidiary Howard McCray signed for financial and ESG covenants. Clabo has sales of 63.4 million euros and an ebitda of 10.3 million.
C Blade, an Italian producer of industrial components for the energy sector, issued a 2 million euros minibond with a coupon of 6M Euribor plus 230 bps that will mature on 29 December 2030 as part of Basket Bond Sistema Confindustria (BBSC, a 50 million programme that Confindustria, Piccola Industria and RetImpresa launched in May 2023 with the warranty of Fondo di Garanzia pmi) (see here the board meetings note of C Blade available for the subscribers to BeBeez News Premium and BeBeez Private Data and see here a previous post by BeBeez). A special purpose vehicle (spv) will invest in the bond and issue partly paid asset backed securities notes that Cassa depositi e prestiti (CDP) and Mediocredito Centrale – Banca del Mezzogiorno (MCC) will acquire in even portions. C Blade has sales of 20.3 million, an ebitda of 3 million and a net financial debt of 4.5 million. According to BeBeez Data, Imilani, an Italian sustainable packaging company that belongs to IMI Real estate (a firm of Andrea Milani and Roberto Milani – ceo) and Nuova Simplast previously issued minibonds of 2 million each as part of BBSC.
Sources said to BeBeez Noleggio Energia, a lessor of renewable energy plants, is close to issuing a 2 million euros minibond (see here a previous post by BeBeez). UniCredit and MCC will subscribe to the 60 months bonds with a pre-amortising period of 6 months. Diego Teani (above 84% owner) founded Noleggio Energia that will invest such proceeds in developing further plants. Noleggio Energia has sales of 9.4 million, an ebitda of 0.56 million and net profits of 0.2 million. In May 2023, Noleggio Energia raised 0.45 million through an equity crowdfunding campaign on 2meet2biz on the ground of a post-money value in the region of 4.5million. Spain’s GNE Finance poured 0.445 million for a 10% stake.
Credit Reputation Awards (CR Awards), a prize for reliable corporate borrowers for which BeBeez acted as media partner, rewarded Italian companies with sales of 5 – 250 million euros (see here a previous post by BeBeez). The list of winners includes Bauli, Hera, Panini, il gruppo Arvedi Tubi Acciaio, Sideralba, Prenatal, Ivas Industria Vernici, Pastificio Felicetti, Gruppo Scai, BTS, and Naturalma. Massimiliano Bosaro, the founder and ceo of MF Centralerisk, handed the awards.