Italy’s private debt, corporate finance and NPLs weekly roundup. News from Gruppo Casillo, Hines, Easytech

Gruppo Casillo, an Italian weath trader, received a 10.47 million euros financing facility from Unicredit for purchasing a Milan’s building to refurbish and sell as a luxury asset . The loan has beeen precisely issued to Ausonio 25 srl, an spv owned by Gong Capital, the real estate investment company whose Gruppo Casillo is the major shareholder (see here a previous post by BeBeez). Casillo has sales of 1.49 billion, an adjusted ebitda of 41.8 million and a net financial debt of 318.3 million  

Hines received a 64.5 million euros facility for acquiring Milan-based real estate assets (See here a previous post by BeBeez). Hines will invest more than 120 million for purchasing and refurbishing the assets.  

Italian IT Easytech placed its 1.5 million euros minibond on CrowdBond, the platform of Opstart (see here a previous post by BeBeez). The issuance has a maturity of five years with a fixed rate coupon of 4.5%. The deadline for subscribing the issuance is 20 September, Monday. Easytech has sales of 3 million with an ebitda of 0.291 million and will invest the raised proceeds in acquisitions.