Italian coffee machines and capsules maker Caffitaly System, a company that belongs to Alpha (51%) and Belgium’s Frère Family (49%) is renegotiating its 200 million euros debt with BNP Paribas (see here a previous post by BeBeez). The company borrowed such resources in 2017 when the Frère Family invested in the business. Caffitaly hired Houlihan Lokey for receiving a 150 million credit line from BNP and other banks that are receiving assistance from Lazard. Sergio Zappella founded Caffitaly System in 2004. The company has sales of 145.7 million euros, an ebitda of 16.6 million and a net financial debt of 153.2 million.
Unifarco, an Italian maker of nutraceutic and cosmetic products, attracted a 6 million euros ESG-linked financing facility from UniCredit‘s programme Futuro Sostenibile (see here a previous post by BeBeez). The lender will charge a lower interest for the facility upon the borrower’s achievement of ESG targets. Unifarco belongs to Giovanni Baratto (Science & Research vice president – 26.73%), Massimo Slaviero (ceo – 26.73%), Luigi Corvi (Sales & Marketing vice president – 19.8%), Ernesto Riva (chairman – 8.91)%, and Marco Riva (17.82%). The company has sales of 160 million (25% export).
In 2023, Banca Progetto, an Italian challenger bank for SMEs that belongs to Oaktree Capital Management since 2015, provided financing facilities of 2.8 billion euros (see here a previous post by BeBeez). In 1H23, the bank raised retail deposits of 194 million for a total of 5.4 billion and 1.7 through SMEs loans securitizations that received the warranty of SACE. Banca Progetto has net profits of 71.9 million, an adjusted ROE of 30% and an adjusted Cost/income ratio of 30%.
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