Download here the BeBeez Private Debt Report 2024 available for the subscribers to BeBeez News Premium and BeBeez Private Data.
AMCO, an investor in NPEs that Andrea Munari and belongs to the Italian Ministry of Economy and Finance (MEF), placed a Luxembourg-listed senior secured bond of 750 million euros maturing on 15 March 2029 and paying a 2.75% coupon (see here a previous post by BeBeez). The issuance has an expected rating of BBB+ from Standard & Poor’s and Fitch and its issuance price is of 99.735% with an implied premium of 37 basis points on the benchmark BTP. The 3 billion demand equal to 4 times the bid compressed the final spread by 18 basis points compared to the initial price indications. Barclays, BNP Paribas, Citi, IMI – Intesa Sanpaolo, Mediobanca, and UniCredit acted as Joint Lead Managers and retained Chiomenti. Clifford Chance assisted AMCO e delle banche. The deal is part of Amco’s 6 billion worth EMTN Programme that is part of the 2024-2028 business plan.
Milan-listed Infrastrutture Wireless Italiane (INWIT), a portfolio company of Ardian Infrastructure and Credit Agricole Assurances, carried on a 150 million euros Tap Issue for the 750 million bond listed on Luxembourg and Milan exchange that issued in April 2025 with a 3.75% coupn and maturity on 1 April 2030 (see here a previous post by BeBeez). The 101.364% issuance price of the placement implies a yield of 3.393%, or 95 basis points above the mid swap rate, and leaves room for a further improvement. The bond attracted a demand of above 650 million. BNP Paribas, BofA Securities and Mediobanca acted as bookrunners for this issuance for which investors expect S&P and Fitch to confirm the BB+ and BBB- rating of 1 April 2025. Emilia Trudu is the Chief Financial Officer of INWIT. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ardian Infrastructure, Credit Agricole Assurances 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
Milan Trophy RE Fund 3, a vehicle that Kryalos manages and that a club deal of Mediobanca Private Banking subscribed, attracted a 5-year 154 million euros senior loan from Mediobanca for refinancing the former Palazzo delle Poste di Piazza Cordusio 3 in Milan (see here a previous post by BeBeez). The borrower acquired the LEED Gold asset of less than 14000 sqms in 2020 for 246.7 million from Pacific 1, a vehicle of NYSE-listed giant Blackstone that Kryalos manages.
Grimaldi Euromed, a subsidiary of Italian shipping company Grimaldi, attracted a 162.3 million euros green loan from Imi corporate & investment banking (Intesa Sanpaolo), a firm that Mauro Micillo heads (see here a previous post by BeBeez). The borrower will invest such proceeds in acquiring three pure car & truck carrier whose delivery may take place in 2026. Francesca Diviccaro is the head of Imi’s Retail & Luxury unit. Diego Pacella is the ceo of Gruppo Grimaldi.
Sicily Green Power, a portfolio company of Sosteneo – Generali Investments, attracted a 118 million euros project finance non-recourse facility with a HoldCo structure from ING Bank – Milan Branch and BayernLB (see here a previous post by BeBeez). The company will invest such proceeds in VAT payments, acquisitions and the development of 87.6 MW photovoltaic plants. Federico Mander is a senior partner of Arcus Financial Advisors which assisted Sicily Green Power. Chiomenti advised Sosteneo. The lenders retained Green Horse Legal Advisory and Fichtner.
Nepa, the family office of Alicia Koplowitz which owns Hotel Park Hyatt Milan, received a financing facility of 83 million euros from Caixa Bank (see here a previous post by BeBeez). Chiomenti and Urìa Mendez assisted Nepa which belongs to Madrid-based Omega Capital (70%) and Hyatt Hotels Corporation (30%). Legance and Goméz Acebo & Pombo Abogados advised Caixa Bank.
EQT Exter Europe Logistics Core-Plus Fund – Kryalos said it acquired four LEED Gold logistic assets based in the North of Italy with an aggregate GLA in the region of 108000 sqms from GO Italia, a vehicle of DeA Capital Real Estate that BentallGreenOak (BGO) subscribed (see here a previous post by BeBeez). Milano Notai sealed the transaction for which Dils acted as advisor. Legance advised EQT. White & Case advised the DeA Capital Real Estate. Bank of America provided a loan worth in the region of 71.5 million euros. Gianluca Vairani is a senior managing director transaction management & ESG head of Kryalos.
Le Due Valli (LDV), an Italian food company issued a 6 million euros sustainability linked minibond that Cassa Depositi e Prestiti, Cassa Centrale Banca and Cassa Padana subscribed (see here a previous post by BeBeez). LDV will pay a lower coupon (step-down) upon the achievement of ESG targets. Milan-listst B-corp ABC Company, Ecomate, Equita sim, and ADVANT Nctm acted as deal advisors while Banca Finint was the agent bank. Eldo Manaresi, Alice Naldi, Nino Rocchi, and Flavio Valandro have 18.75% of LDV which retained DAPR and will invest such proceeds in its organic growth. Enrico Sobacchi is the Head of Business Development of ABC Company. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors the the companies that issue minibonds and their investors. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Dutch industrial company Foeth, an asset of Intersaction for which Michiel Schreurs acts as ceo, said it acquired Italian competitor Intimac from ceo Sergio Ferretto Clementi (see here a previous post by BeBeez). Russo De Rosa Associati, Accuracy and Herbert Smith Freehills Kramer assisted Foeth. Kartesia and Golding financed the transaction and will charge Foeth with a lower interest upon the achievement of ESG targets. Ruben Moen is an Investment Director of Kartesia.
PureLabs, a portfolio company of RedFish LongTerm Capital, closed a 21 million euros capital increase that launched on 5 August 2025 with a 15 million target (see here a previous post by BeBeez). The Italian diagnostic company attracted the resources of Nino Lo Iacono, Giancarlo Zanoli, RedFish LongTerm Capital (1.5 million), Kayak Family Office 2, TiBag, Boutique Italia, Mesel Holding (a firm in which invested Banca Patrimoni Sella and Method Investment), Blu Acquario Prima, Mazal Capital, Massimo Canturi, Bruno De Guio, Investor Advisors, G.B.Par, and other investors. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors PureLabs and its investors. 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 Investment Management reached the first 200 million euros target closing for Nextalia Credit Solutions and launched Fondo Leonardo (see here a previous post by BeBeez). The firm that Francesco Canzonieri created has now 0.5 billion of aum for its credit unit that appointed Leonardo Adessi as Chief Investment Officer. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nextalia 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
