Tages Helios Net Zero, an infrastructure and renewable energy fund that belongs to Tages Capital, attracted a 563 million euros green loan from BBVA, Banco BPM, BNP Paribas, Crédit Agricole, Intesa Sanpaolo, and Société Générale (see here a previous post by BeBeez). The fund will invest such resources in the acquisition of new photovoltaic plants, the financing of closed deals, the refinancing of liabilities and in the revamping and repowering of the portfolio assets. BonelliErede assisted Tages Capital while Ashurst advised the lenders.
Nuova Assistenza Soc. Coop. Sociale onlus di Novara received a 15 million euros social impact financing facility from UniCredit with the warranty of SACE and a tenure of eight years (see here a previous post by BeBeez) . Nuova Assistenza will invest such proceeds in the development of elderly care homes in Tuscan and Sardinia and in acquiring assets that is managing. The company has sales of 128.5 million, an ebitda of 11.3 millioni and a net debt of 15.5 million. Davide Porta is the chairman of Nuova Assistenza.
Sources said to BeBeez that Basket Bond Sistema Confindustria, a programme that Confindustria, Piccola Industria and RetImpresa launched in May 2023 aims to invest 50 million for supporting Italian SMEs with the warranty of MCC, invested in the issuances of chemical company Caffaro Industrie and of Ekoru, a construction company (see here a previous post by BeBeez). Both the bonds are worth 2.5 million euros and will mature on 29 December 2031. The issuance of Caffaro pays a floating rate coupon of 6M Euribor + 285 bps with a 0% floor (see here the noted of Caffaro Industrie meeting, available for the subscribers to BeBeez News Premium and BeBeez Private Data). Ekoru’s bond pays a floating rate coupon of 6M Euribor + 275 bps with a 0% floor (see here the notes of Ekoru meeting, available for the subscribers to BeBeez News Premium and BeBeez Private Data). Banca Finint acquired the bonds and carried on a securitization through Basket Bond FGC and issued partly paid asset backed notes that CDP and MCC purchase. In December 2023, C*Blade Forging & Manufacturing, Imilani and Nuova Simplast joined the programme and issued bonds worth 2 million each.
Italian movies production and distribution Eagle Pictures issued a 6-years minibond of 5 million euros and received from UniCredit and Mediocredito Centrale (MCC) a 10 million financing facility with the warranty of SACE (see here a previous post by BeBeez). The lenders also invested in the bond. Eagle Pictures will invest such proceeds in its international expansion and organic growth. The company belongs to Tarak Ben Ammar (80.12%), Enzo Ricci (8.89%), Blu Invest Italy (4.34%), AFM (2.39%), Lantern Entertainment (2.03%), Giovanni Corrado (1.11%), and Raffaella Viscardi (1.11%).
