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Dutch investment holding Exor said it received assistance from Simmons & Simmons for issuing Luxembourg-listed bonds worth 600 million euros with a fixed annual coupon of 3.75% maturing on 5 November 2035 that received an A– rating from S&P Global Ratings. Exor will reinvest such proceeds in its core business and refinancing its liabilities (see here a previous post by BeBeez). A&O Shearman advised BNP Paribas, Citigroup, Commerzbank, ING, Intesa Sanpaolo, Mediobanca, Morgan Stanley, Société Générale Corporate & Investment Banking, and Deutsche Bank. Nitin Nohria and John Elkann act as Chairman and independent Senior non-executive director and ceo of Exor. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Exor 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
N-Sun Energy, a partnership that Alantra signed with Solarig for the development of photovoltaic plants, attracted a 405 million euros project financing holdco facility (see here a previous post by BeBeez). Intesa Sanpaolo provided 355 million while the company received 50 million from Bankinter with the warranty of CESCE. Javier Mellado is the managing partner of Alantra Solar for which Agnese Rocco heads the Italian operations.
Iconic Italian fashion firm Valentino, a company of Mayhoola (70%) and Kering (30% since 2023 for 1.7 billion euros in cash), may close a two-tranches capital increase of 100 million by the end of 2025 (see here a previous post by BeBeez). The first part of 40 million is at an advanced stage. Riccardo Bellini is the ceo of Valentino. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Mayhoola 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
REcrea, a Gabetti Lab subsidiary for the redevelopment and enhancement of real estate assets, attracted a 24-months revolving credit facility of 10 million euros from Banco BPM (see here a previous post by BeBeez). The company will invest such proceeds in the acquisition of 11 apartment buildings with low energy efficiency. Alessandro De Biasio is the ceo of Gabetti Lab. Alessandro Simonelli is BPM’s head of Large Corporates unit.
Di Carlo Holding (DCH) issued a senior secured bond of 132 million euros that Pollen Street Capital subscribed (see here a previous post by BeBeez). The company will invest such proceeds in the development of Agren, an agrivoltaics platform with a total power of 139 MW. Matteo Di Carlo is the ceo and founder of DCH which received assistance from GC Advisory, Hogan Lovells, Legance, Protos, Marsh, Afry, and EY. Matthew Potter is a partner of Pollen Street which retained ADVANT Nctm as legal advisor.
Labomar, an Italian nutraceutical company that belongs to ceo Walter Bertin and Charterhouse Capital Partners (32.38% since 2023) issued a 120 million euros senior secured non-convertible bond of 120 million euros maturing in 2032 (see here a previous post by BeBeez). The bond has a PIK (Payment in Kind) option that may allow Labomar to pay interests with new issuances instead of cash. Tikehau Capital already subscribed a 100 million tranche. Labomar will pay a lower interest upon the achievement of ESG targets and invest the raised proceeds in financing the recent acquisition of Finnish Pharmia Holding Oy as well as in its expansion in North America and Europe ahead of further M&A. Labomar retained BModel, Orrick, Herrington & Sutcliffe, Legance, and Banca Finint. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Charterhouse Capital Partners, Tikehau Capital Partners 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.
Italian fashion brand Stefano Ricci attracted a financing 30 million euros from Intesa Sanpaolo for its organic and its expansion in USA, China, Mexico City, and India (see here a previous post by BeBeez). Niccolò Ricci is the borrower’s ceo whose equity is worth 105.8 million. Tito Nocentini is Intesa’s manager for Tuscany and Umbria.
Milan-listed food distributor High Quality Food (HQF), a company of which Simone Cozzi and Adriana Panico have 29.64% each, will issue a 10-years 5 million euros convertible bond paying an annual rate of 0.5% that Proposta Terza, a firm that belongs to Andrea Benetton and that acquired Italian dairy company Cirio Agricola in 2005 through a bankruptcy auction, will subscribe while receiving legal advice from LCA (see here a previous post by BeBeez) HQF retained Maviglia & Partners and Studio Carpineti – Cusmai and will carry on the issuance with a first 3 million tranche by 21 November, Friday and the remaining amount by 30 December 2026. The company will invest such proceeds in the acquisition of real estate assets and its organic growth. HQF committed to reimburse the bond from the sixth year after the issuance while Proposta Terza shall have the right to convert the amount of each redemption payment in the borrowers shares of new issuance at a 2,09 price. HQF also belongs to Mediolanum Gestione Fondi (5.95%), Algebris Investments (5.91%) and Francesco Paltoni (4.07%).
Milan-listed PIPE operator Smart Capital launched a rights issue of up to 7.935 million euros, or 4.8 million new shares that investors will be able to receive with a ratio of 55 new shares every 337 held at a price of 1.65 euros (1 euros in capital and 0.65 euros in share premium) (see here a previous post by BeBeez). Shareolders may subscribe options rights between 24 November, Monday, and 11 December, Thursday and trade them until 5 December, Friday. Smart Capital will invest such resources in acquisitions. Andrea Costantini and Andrea Faraggiana are the ceo and coo of Smart Capital. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Smart Capital 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
Caurum, an Italian chemical company, issued an ESG-linked minibond of 4 million euros maturing in 8 years that UniCredit subscribed and for which SACE provided a warranty (see here a previous post by BeBeez). The company and will invest the raised proceeds in its organic growth. Caurum will pay a lower interest upon the improvement of its ESG Score for which Cerved will act as annual auditor. The company retained Studio Galante e Associati. Caurum belongs to Andrea Castigli (68.05%), Elisa Castigli (28.46%) and Giovanni Castigli (3.49% – ceo) while Sauro Serrotti acts as Chief Value Officer. Andrea Burchi is Unicredit Regional Manager for Centre – North Italy. 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
