Download here the 2025 BeBeez Private Debt Report available for the subscribers to BeBeez News Premium and BeBeez Private Data
In 2025, private debt market participants closed deals involving Italian companies for an amount of 44 billion euros. Such a figure included the activities of independent fintech platforms. The subscribers to BeBeez News Premium and BeBeez Private Data can access the BeBeez Private Debt Report 2025, BeBeez Private Debt Report 2024), BeBeez Private Debt Report 2023, BeBeez Private Debt Report 2022, and BeBeez Private Debt and Direct lending Report 2021.
Sources said to BeBeez that Iconic Italian fashion firm Dolce & Gabbana hired Rothschild for renegotiationg its 450 million euros debt covenants (see here a previous post by BeBeez). The list of lenders included Intesa Sanpaolo, BNL BNP Paribas, Banco BPM, Cassa Depositi e Prestiti, Crédit Agricole Corporate and Investment Bank, Crédit Agricole Italia, and Sace. Dolce & Gabbana’s main shareholders are Domenico Dolce and Stefano Gabbana.
Whysol Renewables attracted a 319 million euros green financing in support of its development pipeline from Cassa Depositi e Prestiti, BNP Paribas Italian Branch, Crédit Agricole Corporate & Investment Bank – Milan Branch, ING Bank NV – Milan branch, Intesa Sanpaolo, and Unicredit (see here a previous post by BeBeez). Arcus and Legance advised Whysol. The lenders retained BonelliErede, Fichtner Italia, Marsh, Aurora Energy Research, and KPMG.
Milan-listed retailer OVS, a company of which Tamburi Investment Partners (TIP) owns 32.4%, attracted a 300 million euros financing facility maturing in 2031 that may also support M&A deals (see here a previous post by BeBeez). The company received a term credit line of 120 million, a revolving item of 120 million and a discretional financing of up to 60 million that could activate by November 2027. Linklaters advised the lenders which are Banca Monte dei Paschi di Siena, Banco BPM, Crédit Agricole Corporate and Investment Bank (Milan branch), Intesa Sanpaolo, UniCredit, BPER Banca Corporate & Investment Banking, BNP Paribas, Cassa Depositi e Prestiti, Credit Agricole Italia, and Cassa di Risparmio di Bolzano. Ovs retained Gianni & Origoni. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors TIP 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
PLT energia, a company that belongs to the Tortora Family, borrowed a project finance acility worth 159.1 million euros for acquiring and refinancing a portfolio of six photovoltaic plants in Piedmont and Sicily with a total power of 165 MWp (see here a previous post by BeBeez). Advant NCTM assisted the lenders Banco BPM, UniCredit, BPER Corporate & Investment Banking, Crédit Agricole Italia, Banca Popolare di Puglia e Basilicata, and Mediocredito Centrale. Stefano Marulli is the ceo of PLT which retained Rothschild&Co, Bonelli Erede, Fichtner, PwC, and Studio Legale e Tributario Rossi Rossi & Partners.
Lario Reti Holding placed a 65 million euros bond with the support of PGIM Private Capital, part of Prudential Financial, and issued a 35 million note purchase and private shelf agreement (shelf facility) that can activate if needed (see here a previous post by BeBeez). Lario Reti Holding retained Mediobanca, Advant Nctm and Moore & Van Allen. PGIM received assistance from Chiomenti while Deutsche Bank Italia acted as deal agent. The unlisted bonds are senior unsecured, mature in September 2044 and provide for amortizing repayment, with a semi-annual fixed-rate coupon. Lario will invest such proceeds in refinancing 62 million debt facilities it attracted in 2023 from Banco BPM, BPER Banca, Banca Popolare di Sondrio and Finlombarda. The European Investment Bank previously supported the company.
Pezzutti Group issued a 6 year 10 million euros minibond ESG-linked with the warranty of SACE that Cassa Depositi e Prestiti and Banca Popolare dell’Alto Adige- Volksbank subscribed (see here a previous post by BeBeez). The company will invest such proceeds in its organic growth and pay a lower interest upon the achievement of KPI ESG. Simone Brugnera is the head of corporate debt of Banca Finint which acted as agent while ADVANT Nctm advised the investors. Emanuele Bassetto is the chairman of Pezzutti that belongs to Selini (66%) and Friulia (34%). Giovanni Frisone is the alternative finance head of CDP. Matteo Costa is the head of corporate finance at Volksbank. Marco Martincich is a regional director of SACE.
Milan-listed renewable energy company ESPE issued a 8 million euros non-convertible floating rate bond that Veneto Sviluppo, Cassa Depositi e Prestiti, Volksbank, CentroMarca Banca, and Banca di Asti subscribed (see here a previous post by BeBeez). Banca Finint acted as arranger and Advant Nctm as deal advisor. Enrico Meneghetti and Alberto Stocco are the ceo and cfo of Espe that will invest such proceeds in its organic growth.
SGM Magnetics issued a 2 million euros bond in support of its organic growth that Banca Valsabbina subscribed (see here a previous post by BeBeez). BT LAWS acted as deal advisor. 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
