Milan-listed paytech Nexi, a company of which also Hellmann & Friedman and CDP Equity have a stake, attracted a jumbo loan facility of 2.9 billion euros from a pool of 25 banks (see here a previous post by BeBeez). Mediobanca, Intesa Sanpaolo and Unicredit acted as global coordinator. Nexi received term facilities worth a total of 1.9 billion and a one billion RCF committed revolving credit line that will both mature in 2030. The company will invest such resources in refinancing a 1 billion term loan maturing in 2026 and a 900 million facility with maturity in 2027.
Exprivia, an Italian Ict firm that chairman Domenico Favuzzi and backers delisted from Milan market on 17 July 2024, attracted a 52 million euros financing facility from Banco BPM and Banca Popolare di Puglia e Basilicata(BPPB) (see here a previous post by BeBeez). Such resources will finance the organic business growth and M&A deals. Banco BPM and BPPB retained Legance. Donato Dalbis, chief financial officer of Exprivia, said that the firm aims to carry on acquisition in the ICT sector and other fields.
Italian real estate developer and urban regeneration player Netrais, launched a 50 million euros worth green real estate, ramp-up and revolving securitization for a house flipping deal (see here a previous post by BeBeez). Netrais, Banca Finint, Banca Ifis, and Finint Investments acquired the notes. DLA Piper acted as transaction counsel.
