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SBB, the 200 million euros basket bond programme of Sella, Cassa Depositi e Prestiti and Mediocredito Centrale (MCC), issued a 23 million euros tranche that has as underlaying assets the issuances of Socage (a manufacturer and vendor of aerial platforms), Centro di Riabilitazione Lars (a provider of healthcare services) and Ferrari & Carena (a producer of mechanical presses for fine blanking and customised spare parts) (see here a previous post by BeBeez). SBB invested a total of 111.5 million. The vehicle will carry on a bonds’ securitization, and the issuance of asset backed notes that CDP (40%), MCC (40%) and Banca Sella (20%) will subscribe. Gardant acted as servicer and monitoring agent, Chiomenti as deal counsel. Cerved Rating Agency released a Second Party Opinion about the ICMA (International Capital Market Association) sustainability KPIs. Socage belongs to Fiorenzo Flisi (84.5%), Nicola Zago (8.42%), Alessandro Flisi (4.45%), and Vittorio Bortolotti (2.63%). The firm issued a 7-years sustainability-linked, step-down coupon minibond of 12 million for its M&A strategy. Aniello Renzullo is the owner of Centro di Riabilitazione Lars that raised 4 million with a 7-year minibond for its organic growth. Ferrari & Carena belongs to Adriano Carena and issued a 6-years minibond of 7 million for its strategic expansion. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors SBB spv and the companies that are part of the programme. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Reeco (Real Estate External Company), a firm that Giulio Licenza and Ivano De Natale founded in 2021, launched its proprietary securitization platform rehabilitation and conversion of disused buildings into new housing units and set an up to 50 million euros acquisitions plan (see here a previous post by BeBeez). The platform created Dateo RE SPV for acquiring an asset in Via Camillo Hajech 30 (Milan Linate airport area). Banca di Credito Attivo (BCA) purchased the abs notes. Reeco acted as arranger, asset manager and sponsor; doNext as master servicer, corporate servicer, calculation agent, and paying agent. A&O Shearman provided legal advisory.
Global Corporate Finance (GCF), an US family office that former Bear Sterns managing director Nino Salamandre founded, subscribed to a 10 million euros multi-tranche capital increase of Milan-listed Ulisse Biomed (see here a previous post by BeBeez). Nicola Basile is the ceo of Ulisse which will also issue warrants that GCF wil subscribe at 2.04 euros per share. The company will invest the raised proceeds in its proprietary technology, international expansion and organic growth. Sterling Atlantic, an US firm that Franco Scalamandre created, provided GCF with administrative support.
Italian food company Cirillo Group issued a one million euros 72-months bond with the warranty of MCC that Banca Valsabbina subscribed (see here a previous post by BeBeez). Antonio Cirillo is the ceo of the company which retained NSA and DWF and will invest such proceeds in expanding its production plant. Hermes Bianchetti is the deputy coo of Banca Valsabbina. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Banca Valsabbina and its investments. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Nextalia, a firm that Francesco Canzonieri founded, hired Enrico Monti as partner and head of Nextalia Credit Solutions (see here a previous post by BeBeez). Monti previously worked for Banca del Fucino and JPMorgan. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nextalia and its investments. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
