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Comvest Capital BDC, part of Canada’s Manulife/Comvest, is close to providing iconic Italian football team AC Milan PIK loan worth in the region of 650 million euros and maturing in 2030 (see here a previous post by BeBeez). The borrower will invest such resources in repaying the 489 million left amount of the vendor loan that Elliott provided to Gerry Cardinale’s RedBird for the 1.2 billion euros purchase of AC Milan in 2022. Gordon Singer and Paul Singer head Elliott. Giorgio Furlani and Stefano Cocirio are the ceo and cfo of AC Milan. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors AC Milan. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Amsterdam-listed Eurocommercial Properties received a 7-year 200 million euros credit facility from Intesa Sanpaolo for refinancing the 186 million liabilities of shopping mall Carosello (Lombardy) that now has a long-term exposure of 525 million (see here a previous post by BeBeez). Herbert Smith Freehills Kramer advised Eurocommercial Properties while Legance assisted Intesa Sanpaolo. Tuscany’s I Gigli, another asset of Eurocommercial, received a 5-year financing facility of 270 million from Unicredit and BayernLB for refinancing a 213 million debt that has the mall’s buildings as collaterals. Eurocommercial also signed a 5-year 600 million Swedish kronas (55 million euros) with Postbank, part of Deutsche Bank, for Sweden’s mall C4 (Kristianstad). Roberto Fraticelli is the cfo of Eurocommercial Properties while Jacopo Ghezzi is the firm’s Italy finance director.
Castello, a real estate firm that belongs to Anima Holding (80%) and Oaktree Global Management and for which Giampiero Schiavo acts as ceo, invested 100 million euros for acquiring Sicily’s Calampiso Resort (see here a previous post by BeBeez). Castello also received credit facilities worth 200 million for three deals. The firm borrowed 50 million from Alpha Bank for the refurbishing of a premium asset in Rome and the purchase of a building in Rozzano (Milan area) for which an undisclosed Cyprus investor and Invel Real Estate acted as sponsors while Situs Asset Management has been the agent (see here a previous post by BeBeez). Osborne Clarke advised Situs Asset Management Limited and Alpha Bank which also provided Castello with a 50 million for the development of a luxury hotel in Cortina for which Greek Prodea Investments and Invel Real Estate act as sponsors. Legance advised Castello and the investors while Reed Smith assisted Situs Asset Management Limited.
Green Castronovo 2, a subsidiary of PLT energia, received from Crédit Agricole Italia a financing facility of 31.5 million euros for the development of an Aeolian farm of 30 MW (see here a previous post by BeBeez). ADVANT Nctm acted as as legal advisor.
Uteco Converting, an Italian producer of machinery for the packaging sector that belongs to Renaissance Partners since 2018, received undisclosed resources from Azimut Eltif Private Debt – Capital Solutions, Muzinich and Cherry Bank for the refinancing of existing senior debt with the issue of a new five-year bullet loan for the implementation of 2026-2030 business plan (see here a previous post by BeBeez). Uteco also launched a capital increase that Muzinich and Renaissance Partners subscribed. The company now belongs to Muzinich (12.75%), Renaissance Partners (72.39%), Aldo Peretti (4.37%), Maria Lucia (3.93%), Marisa Chivilò (3.93%), Simone Quinto (1.75%), and Stefano Russo (0.88%), according to BeBeez data. Mario Tomasi is the ceo of Uteco which retained KPMG and Legance. Muzinich and Cherry Bank received assistance from Spada Partners, Freshfields and Fortlane.
Il Vecchio Fornaio (IVF), an Italian baked food producer, issued a 1.5 million euros bond maturing in 2031 that Mediocredito Trentino-Alto Adige (MTAA) subscribed and for which InvestEU Innovation of the European Investment Fund provided a warranty (see here a previous post by BeBeez). Isabella Vettore, chairwoman, and Riccardo Vincenzi own the company that will invest such proceeds in its organic growth and the development of a production plant. Diego Pelizzari is the coo of MTAA.. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Il Vecchio Fornaio and Mediocredito TAA. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Find, part of logistic player Di Martino, issued a 6-year Milan-listed sustainability-linked bond of 15 million euros with an amortizing structure (see here a previous post by BeBeez). Banca Sella, Banca Patrimoni Sella & C. and Cassa Depositi e Prestiti invested in even tranches of the bond. Find will pay a lower interest upon the achievement of Sustainability Performance Targets (SPTs) and KPIs ESG that Cerved Rating Agency set. The company will invest such resources in M&A. Sella Investment Banking advised Find. Chiomenti assisted the investors. Read here the BeBeez Stories about Italian Mid-Market firms
In 2025, six SMEs received the support of Quota Lombardia’s non-repayable grant of 0.6 million euros for launching an IPO on Milan market and four companies joined the Basket Bond Lombardia, a 110 million euros programme of Lombardy Region, Cassa Depositi e Prestiti, Finlombarda, and Banca Finint (see here a previous post by BeBeez). On 22 January, Thursday, Guido Guidesi, the Region’s Councillor for Economic Development, said that these programmes aim to support the long-term growth of Lombardy’s SMEs. Barbara Lunghi, the head of primary stock markets for Borsa Italiana, Gessyca Golia, a manager of the Region’s unit for economic development, were also part of the panel that BeBeez Editor-in-Chief Stefania Peveraro moderated. Quota Lombardia has resources of 25 million and already supported Braga Moro Sistemi di Energia (ceo Andrea Passanisi), ETS (coo Gianpietro Locatelli), gAIn360 (Maurizio Santacroce ceo), Kaleon (Davide Molteni ceo). Metriks AI B-Corp (Tiziano Cetarini ceo), and TradeLab (Massimo Viganò ceo). Giorgio Gallizioli is Finlombarda’s structurer. Alberto Trivelli is the manager for Structured Finance – Basket bond Investment Banking Solutions of Finint. Vincenzo Carbonara is the Head of Alternative Financing of Cassa Depositi e Prestiti. The companies that joined Basket Bond Lombardia are Eco Fotovoltaico (4.5 million issuance; ceo Valerio Natalizia), CAA – Cooperativa autotrasporti alimentari (4 million; ceo Alessandro Bertocchi), Milan-listed Cloudia Research (1.5 million, chairman Marco Merafina), Poliplast (2 million; ceo Paolo Andrea Brambilla). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors the Basket Bonds spv and the SMEs that carry on issuances. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Ambienta, an alternative asset manager that Nino Tronchetti Provera founded, attracted commitments worth 500 million euros for Ambienta Sustainable Credit Opportunities (see here a previous post by BeBeez). Ran Landmann is a partner and chief investment officer for the vehicle while Nishan Srinivasan is the co-head of Ambienta Credit. Laurent Donin de Rosière, partner, is the head of investor relations and strategic partnerships. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Ambienta and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Cherry Bank, an investor in NPLs and tax credits that belongs to Giovanni Bossi, signed a strategic partnership with Apollo Global Management for the distribution of private market products to qualified investors (see here a previous post by BeBeez). Francesco Bossi Desiata is Cherry Bank’s head of Wealth Management.
