Download here the 2025 BeBeez Private Debt Report available for the subscribers to BeBeez News Premium and BeBeez Private Data
Banca Progetto, a troubled asset of Oaktree Capital Management that Banca d’Italia suspended in March 2025 and in September 2025 signed a binding term sheet with Fondo Interbancario di Tutela dei Depositi (Fitd – Interbanking Fund for Deposits Protection), Banca Monte dei Paschi di Siena, Banco BPM, BPER Banca, Intesa Sanpaolo, and UniCredit (the five Italian systemic lenders), ended on 31 March, Tuesday, its extraordinary administration ahead of attracting gross rescue resources of 6.5 billion euros (see here a previous post by BeBeez). Banca d’Italia appointed Lodovico Mazzolin and Livia Casale as special commissioners of Banca Progetto that is also receiving assistance from Chiomenti and KPMG. Alfredo Pallini is the coo of Fitd. The troubled bank will sell its NPEs with a face value of 2.5 billion to a vehicle of AMCO and the systemic lenders. Banca Progetto will also carry on the securitization of its 2.2 billion performing credits and will acquire the senior tranche while Mediocredito Centrale will purchase the junior notes with the warranty of FITD which will also pour 750 million in the troubled firm and get 10% of it. The systemic lenders will own 90% of Banca Progetto. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors 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.
Milan-listed publisher Mondadori said it tabled a bid for the school and university books unit of Hoepli whose shareholders’ meeting resolved to proceed with voluntary liquidation on 11 March, Wednesday (see here a previous post by BeBeez). On 10 March, Tuesday, Hoepli’s shareholders appointed Laura Limido as liquidator
Blue Global Estate Holding, a firm that belongs to ceo Alessandro Fasol, carried on a securitization for purchasing a 10 million euros worth Milan-based industrial asset to convert in residential units (see here a previous post by BeBeez). The spv issued two asset-backed partly-paid notes. PwC Legal assisted Blue Global Estate Holding. Umberto Rasori is the ceo of Zenith Global which acted as servicer, asset manager, calculation agent, corporate servicer, and noteholders representative. Banca del Fucino acted as account bank and paying agent.
On 23 March, Tuesday, Italian chain of luxury fashion Luisa Via Roma’s ceo Tommaso Andorlini and the other directors decided to start the business liquidation (see here the meeting notes available for the subscribers to BeBeez News Premium and BeBeez Private Data) (see here a previous post by BeBeez). The Florence-based company also belonged to Andrea Panconesi (55%) and did not reach an agreement with its creditors even though on 16 March, Monday, the shareholders approved the launch of a 15 million euros capital increase (see here the meeting notes available for the subscribers to BeBeez News Premium and BeBeez Private Data) and the 14 million sale of FFW, a software house for e-commerce. In 2021, Style Capital, a turnaround investor that Roberta Benaglia heads, invested 130 million for acquiring a 40% of Luisa Via Roma through the subscription to a 50 million capital increase and the purchase of shares from Panconesi. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Style Capital and its investments. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
BCMGlobal received the support of Colliers Progedil for selling 5 real estate assets in Rome, Latina and Naples areas that were part of an institutional investor’s NPL portfolio (see here a previous post by BeBeez). David Campion is BCMG Head of Secured Servicing & Real Estate. Claudio Borroni is Colliers Italia head of residential while Francesco Procopio is a managing director of Colliers Progedil.
