Gruppo Selini, a vendor of forklifts, received from UniCredit a 15 million euros financing facility with the SACE warranty (see here a previous post by BeBeez). The loan has a 5-years 7 million tranche that will finance the purchase of items that Selini already has in stock. A 6-years 8 million tranche will finance the acquisition of further forklifts. Selini has sales of 173 million with an ebitda of 48.2 million and net cash of 5.3 million. Roberto Selini is the firm’s ceo.
Programma Basket Bond Lazio placed its firt 16 million euros tranche with the support of arrangers Mediocredito Centrale (MCC), Banca Finint, Banca Finnat, and Banca Agevolarti (fka Artigiancassa, part of BNL BNP Paribas) (see here a previous post by BeBeez). The programme has a securitization structure and attracted the resources of Cassa Depositi e Prestiti and MCC which acquired the partly-paid abs notes that Basket Bond Lazio spv issued. Direzione Lavoro Group, Fandango, Grivan Group, Phygiwork, Redbox, Sicoi B-Corp, and Terravision Electric raised 1 – 3 million with bonds which have the warranty of Fondo di Garanzia Minibond (FGM) of Lazio Innova. Such programme attracted the EU resources and will cover 100% of earlier losses for up to 25% of the portfolio. FGM has resources of 15 million and may develop a portfolio worth up to 60 million that must be ready by 3 September 2025. See here the BeBeez Basket Bond Report available for the subscribers to BeBeez News Premium and BeBeez Private Data. Grimaldi Alliance and BonelliErede assisted the arrangers and the investors.
Friulia and Banca Finint launched Basket Bond Friulia, the 50 million euros programme for supporting the SMEs of the Italian North Eastern region of Friuli-Venezia Giulia (see here a previous post by BeBeez). The issuance will have the warranty of local government institutions. Federica Seganti is the chairwoman and ceo of Friulia. Luigi Bussi is the Finint’s head of Corporate & Investment Banking.
