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Starhotels, an Italian luxury hospitality group that belongs to Elisabetta Fabri, attracted a 10-years 350 million euros financing facility from BNL BN, BPER, Banco BPM, Crédit Agricole, MPS, and Unicredit (see here a previous post by BeBeez). The company will invest such resources in refinancing a 460 million loan maturing in 2027 for which it signed in 2022. The proceeds will also support Starhotels for the maintenance and improvement of the current portfolio, the acquisition of new hotels and the signing of lease & management contracts. Rothschild & Co and Legance Avvocati Associati assisted Starhotels. McDermott Will & Emery advised the banks.
Foglizzo Leather issued a minibond of 2 million euros that UniCredit and Mediocredito Centrale subscribed in the frame of part of Basket Bond Made in Italy, a programme that the banks launched in 2024 (see here a previous post by BeBeez). Paolo Foglizzo and Marco Foglizzo head the company which will invest such proceeds in building a plant in the Piedmont Region. The programme aims to support Italian SMEs with 100 million worth investments. Foglizzo’s minibond will receive the warranty of MCC and Ministry for Made in Italy (MIMIT). The firm has sales of 7.5 million, an ebitda of little above 0.5 million and net cash of 1.4 million. The companies that previously carried on issuances that are part of Made in Italy Basket Bond programme are Antica Cuoieria Grg (3 million), B. For Pet Società Benefit (2 million minibond); Noleggio Energia (2 million), MAGIC MP (3.5 million); CEP Europe (2 million); CrippaCamping (3.75 million); Fanfani (2.3 million); Cida (2 million), and Alto Lago (2.5 million).
Equita invested six million euros (75% cash and 25% shares swap) for acquiring 70% of CAP Advisory from Fabrizio Viola (45%), Fabio Cassi (45%) and Matteo Pattavina (10%) (see here a previous post by BeBeez). The parties signed put and call agreements to exercise from June 2028 for the target’s remaining 30%. CAP will rebrand as Equita Debt Advisory while the vendors will keep their roles.
Frigiolini & Partners Merchant (F&P) and its debt crowdfunding and minibond placement platform Fundera renewed its board of directors (see here a previous post by BeBeez). Leonardo Frigiolini will keep his chairman role, and Alessandro Costa will head the IT. Fundera confirmed Lorenzo Gai as chairman, Frigiolini as ceo, Eleonora Frigiolini as head of placement, Leonardo Nafissi as head of sales. Piero Collauto resigned as independent director while Umberto Piattelli replaced him.
