On 13 March, Wednesday, at 11 AM BeBeez and illimity Bank will discuss about Structured Finance for the growth of Italian mid-caps at Four Seasons’ Hotel Milano, Via del Gesù 4/6 Click here for booking a place. On 20 November 2024, BeBeez discussed about Structured finance instruments for relaunching mid-caps (se here the video of the event, BeBeez Magazine and a previous post by BeBeez).
On 13 February, Thursday, Italian NPEs investor doValue repaid the 300 million euros bond with a 3.75% fixed rate that issued on 22 July 2021 with a previously scheduled maturity for 2026 as it exercised the Optional Redemption Date (see here a previous post by BeBeez). The repaiment price amounts to 100.84375% of the residual principal and accrued interest. Manuela Franchi is the ceo of doValue.
In 2024, Milan-listed investor in NPEs illimity bank reached a substantial operative break even as it saved costs after transferring to the newco AltermAind (of which Apax Partners has 52%) part of its IT assets and HRs (see here a previous post by BeBeez). The bank posted a capital gain of 53 million euros and saved labor costs for 26 million.
