Italian waste management company Itelyum, a portfolio asset of Stirling Square Capital and Deutsche Beteiligungs AG (DBAG), issued a Luxembourg-listed senior secured bond of 725 million euros maturing in 2030 paying a 5.75% coupon (see here a previous post by BeBeez). Rothschild & Co assisted Itelyum for the issuance in two tranches, a fixed and floating rate one. The company will invest such proceeds in refinancing a sustainability-linked bond of 510 million maturing in October 2026 with a 4.625% coupon and other current liabilities. The company will also receive a revolving credit line of 100 million. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Sources said to BeBeez that Italian apps developer Bending Spoons attracted 600 million US Dollars worth secured financing facilities from Silver Point, Blackstone and other lenders (see here a previous post by BeBeez). The company will invest such proceeds in taking private Nasdaq-listed Brightcove for 233 million in cash. Silver Point acted as di lead lender and Documentation Agent for the secured term loan. JP Morgan was also Lead Left Arranger and Administrative Agent for the loan. Lazard and Goodwin Procter assisted Brightcove. Bending Spoons retained Latham & Watkins, EY Advisory, JP Morgan, and Wells Fargo. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Bending Spoon’s investors and their Italian portfolio. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Eurazeo subscribed to a 30 million euros bond that Pharma Green Holding, a B-Corp of which Unipolsai Assicurazioni has 9% and that owns the brand Alma Farmacie, issued (see here a previous post by BeBeez). Pharma Green Holding received assistance from CC & Soci, Studio Gatti Pavesi Bianchi Ludovici and Spada Partners while it will invest such proceeds in its organic growth. Michele Quaranta, is the company’s head of M&A and Business Development while Pasquale De Felice is the ceo.
Italian food manufacturer Rigoni di Asiago, a firm of which the Rigoni Family has 57.3% and Kharis Capital 42.7% since 2018, attracted a 37.5 million euros financing facility from Banco BPM, UniCredit, illimity Bank, Sparkasse – Cassa di Risparmio di Bolzano, and other lenders (see here a previous post by BeBeez). The company will invest such proceeds in its organic growth and expansion in Germany, France, Benelux, Northern Europe, and the Middle East. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Kharis Capital and its Italian portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Asti Energy issued a minibond of seven million euros with amortising repayment plan that UniCredit subscribed (see here a previous post by BeBeez). Andrea Amalberto is the ce of the company which will invest such proceeds in the development of alternative energy plants.
