Download here the 2025 BeBeez Private Debt Report available for the subscribers to BeBeez News Premium and BeBeez Private Data
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On 15 June, Monday, at 10 AM, the BeBeez Cafe panellists will discuss about Real Esteate, Hospitality and Infrastructure Assets Yields at Hotel Four Seasons Milan. Book your Place
After Rome Courte accepted the Toti Family receivership proposals of Silvano Toti Holding (STH) (see here the sentence available for the subscribers to BeBeez News Premium and BeBeez Private Data) and its subsidiaries Lamaro Appalti (see here the sentence) and Cinecittà Centro Commerciale (see here the sentence) for their 800 million euros worth liabilities, the regeneration project for the area of Rome’s Mercati Generali can start again with Hines acting as developer (see here a previous post by BeBeez). NCO-Nextalia Credit Opportunities, part of Francesco Canzonieri’s Nextalia, previously purchased the banking liabilities of Toti. Riccardo Tiscini, Simone Manfredi, Giulio Andreani, Livia Salvini, Donato Pezzuto, Andrea d’Ovidio, Gerardo Losito, Alberto Dello Strologo, and Marotta acted as advisors for the receivership of STH and its subsidiaries. Antonio Maria Leozappa, Donatella Zanetti, Giuseppe Sancetta, Leo Piccininni, and Marco De Cocci are Judicial Administrators. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Nextalia 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
On 8 June, Monday, Milan-listed Trevi Finanziaria Industriale launched a capital increase of 100 million euros and issued little below 50 million shares at 2 euros each (0.05 euros allocated to share capital and 1.95 euros to premium) for a 34.9% discount to TERP (Theoretical Ex Right Price) (see here a previous post by BeBeez). Cdp Equity, Trevi’s main shareholder, will buy all unsubscribed shares following the offering on the stock exchange of the unclaimed rights, amounting to less than 4.8 million shares. If CDP Equity were to subscribe for all the unsold shares, its stake in Trevi Finanziaria’s share capital would rise from 21.6% to 28.9%. Mediobanca is acting as Sole Global Coordinator. Joint Bookrunners Banca Akros and Equita committed to guarantee the subscription of any securities and rights that may remain unsubscribed, net of the portion held by CDP Equity. Giuseppe Caselli is the ceo of Trevi. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Trevi Finanziaria. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
The Sicily Region is willing to accept the white knight proposal od of Terme di Saturnia, an asset of Terme & Spa Italia that belongs to Massimo Caputi, for Terme di Sciacca (see here a previous post by BeBeez). Renato Schifani is Sicily’s Governor. The Italian Government will pour 50 million euros in funds that will support the high-end tourism.
Italian consumer and infant products manufacturer Artsana’s owners Investindustrial (60%) and the Catelli Family (40%) carried on a 258 million euros investment for consolidating the business (see here a previous post by BeBeez). Investindustrial and the Catelli Family convert the existing shareholder loan in equity and subscribe to a further 50 million cash capital increase. The company also signed a 415 million agreement with Unicredit and the other relationship banks for its credit lines (see here the notes of Artsana’s shareholders meeting and the company’s 2024 financials available for the subscribers to BeBeez News Premium and BeBeez Private Data). Artsana retained Lazard, Chiomenti and Paul Weiss. The company’s shareholders supported the 2016 leveraged buyout del 2016 with a facility previously supposed to mature in June 2027 with a 1% nominal rate. At the end of 2024, the liability amounted to 205 million as the shareholders waived the interest accrued between July 2023 and July 2024. In 2016, Artsana raised 550 million worth banking facilities. The new agreement provided for the repayment of the remaining Facility B (211 million at the end of 2024) and the Additional Facility (50 million) – to defer from June 2025 to June 2027, while the lenders agreed to extend the 10 million revolving lines to December 2026. In addition to refinancing the existing facilities, the banks granted further new resources for a total of 415 million. Alberto Rivolta is the ceo of Artsana. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Investindustrial 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
Italian department stores chain Coin decided to launch an up to 30 million euros capital increase (see here the notes of the shareholders meeting available for the subscribers to BeBeez News Premium and BeBeez Private Data and see here a previous post by BeBeez). Spanish fashion brand Mango signed a strategic partnership with Coin for opening 22 shops in direct management in line with the concept flagship New Med. Matteo Cosmi and Roberto Rondelli (Head of Special Situations of Europa Investimenti – Arrow Global) are the ceo and chairman of Coin which previously attracted a 33.236 million turnaround support of Marco Marchi (lead investor and founder of Italian fashion firm Liu Jo), Sagitta – Arrow Global, Invitalia, Jonathan Kafri, and Enzo De Gaspari. SACE provided a warranty for such deal. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Sagitta, Invitalia and their 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
Sources said to BeBeez that Cashme, a firm that Marcello Scalmati (15% owner), Stefano Sainati and Pietro Calvio founded in 2015, launched a securitization spv that will issue ABS worth 30 million euros, 120 million payable over a year on a revolving basis for a 10% expected yield (see here a previous post by BeBeez). See here the shareholding structure of Cashme available for the subscribers to BeBeez News Premium and BeBeez Private Data.
