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Immobiliare Grande Distribuzione SIIQ (IGD), a Milan-listed real estate firm of which Coop Alleanza 3.0 (fka Coop Adriatica) has 40.92% and Etruria Società Cooperativa (fka Unicoop Tirreno) little less than 10%, carried on the placement of a Luxembourg-listed non-convertible senior unsecured UK Law green bond of 300 million euros with a five-years maturity and pay a 4.45% fixed interest coupon with bullet repayment due in November 2030 (see here a previous post by BeBeez). BNP PARIBAS, Goldman Sachs International and Intesa Sanpaolo (IMI CIB Division) supported IGD. Fitch Ratings may give a BBB- rating to this bond. In the event of a downgrade to sub-investment grade or withdrawal of the rating, a step-up of 1.25% will apply to the annual coupon. Roberto Zoia is the ceo of IGD which will invest the raised proceeds in refinancing part of its Green Buildings projects and its liabilities.
Italian credit servicer DoValue said it issued a 300 million euros bond for financing the 350 million acquisition (and a further 40 million earn out in 2028) of German competitor coeo Group from Waterland Private Equity (see here a previous post by BeBeez).
Bluefield Revive Italia, a special purpose vehicle for renewable energy of Arcano Partners Group and Bluefield Partners, received a Green Loan of 95 million euros committed line and 20 million accordion from Banco BPM, CaixaBank, Bayerische Landesbank, Bankinter, and Banco BPM (see here a previous post by BeBeez). Legance assisted Bluefield that will invest such proceeds in refinancing its debt and core business. PedersoliGattai and Kiwa Moroni assisted the lenders. RI Notai acted as public notary.
Signal Eurofund Retail Holdco I Sarl received a senior financing facility from Nuveen Real Estate to support the necessary capital investments for the development of Parma Promenade shopping mall that may open in summer 2026 (see here a previous post by BeBeez). The asset belongs to a joint venture that Signal Capital Partners Limited and Eurofund Group signed. Simmons & Simmons assisted the sponsors. A&O Shearman advised Nuveen. Bird & Bird carried on the real estate and normative due diligence. Javier Martín is the Southern Europe leasing director of Eurofund Group which appointed Evergreen. Gad Caspy is a partner of Signal Capital.
Italian media company Urban Vision, the publisher of magazines ArtNews and RollingStone and of YouTube channel Viva El Futbol, signed with London’s asset manager Fasanara Capital an agreement for financing its working capital (see here a previous post by BeBeez). Banca Investis assisted Urban Vision which will invest such proceeds in the development of digital newsstands, the digitisation of spaces along the Italian railway and motorway network and the partnership with Milan-listed TIM for the installation of approximately 2500 digital telephone booths equipped with interactive touchscreens. Fabio Mazzoni (president and 24.25% owner), Gianluca De Marchi (ceo – 24.25%) and Daniela Valenza (vicepresident – 24.25%) founded Urban Vision in 2004. Further owners of the firm are Marco dell’Utri (24.25%) and UK Aries Vision (3%). Francesco Filia, the former Merrill Lynch Head of EMEA MidCaps & Principal Investors Group, Global Markets & Investment Banking, founded Fasanara Capital in 2011. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Fasanara Capital 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.
A&M Capital Europe sold La Patria, an Italian safety company, to the managers Andrea Monti, Giovanni Pollicelli and Giacomo Ferrigno and a pool of investors that received the financial support of Five Arrows, part of Rothschild & Co, which subscribed a bond (see here a previous post by BeBeez). PedersoliGattai, Baker McKenzie and Lincoln International advised the buyers. A&M Capital Europe retained Chiomenti and Weil, Gotshal & Manges. Alpeggiani Avvocati Associati assisted La Patria and its manager. Five Arrows appointed Legance. Luigi Cecala acted as public notary. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors A&M Capital Europe, FiveArrows and their 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.
