Sorgenia, an Italian greentech energy company that belongs to F2i and Asterion Industrial Partners, received a 18-months revolving credit line of 50 million euros from Banco BPM with the warranty of SACE for 50% of the amount (see here a previous post by BeBeez). Nadia Prando is the Head of Finance of Sorgenia that will invest such resources in its working capital and capital reserves. Sorgenia has sales 3.1 billion (6.1 billion in 2022), an ebitda of 180.6 million (550.1 million) and a net financial debt of 405 million (373 million).
Svas Biosana, a Milan-listed distributor of medical items, issued a 6 million euros bond with a 6 and a half years maturity as part of the RedFish Basket Bond programme worth 70 million (see here a previous post by BeBeez). Grimaldi Alliance advised RedFish Capital Debt and Banca Finint subscribed the issuance and retained BonelliErede. Marullo, Movinter and Rfltc-Inox previously joined the programme and issued bonds for a total of 12 million.
Milan-listed publisher Simone issued a 1.5 million euros minibond maturing in 2030 paying a coupon of 6M Euribor plus 235 basis points (see here a previous post by BeBeez). An undisclosed investor already subscribed the bond. The company will invest the raised proceeds in its organic development and eventual M&A deals.
MSA Mizar, a provider of insurance services in outsourcing that belongs to Columna Capital, acquired Spain’s Veta+ from Javier Romero and private debt fund Kartesia that subscribed to the target’s 25 million euros convertible bonds and purchased 82% of the business (see here a previous post by BeBeez). Tikehau Capital provided a direct lending facility. Pablo Valdès is the ceo of Veta+ which has a turnover of 35 million.
