Download here the 2025 BeBeez Private Debt Report available for the subscribers to BeBeez News Premium and BeBeez Private Data
IVPC Group and Eurus Energy Group reached the closing of the Fortore project (renewable energy plants with an aggregate power of 134.2 MW) with the support of an above 187 million euros financing facility that UniCredit and Crédit Agricole Italia provided (see here a previous post by BeBeez). IVPC Group belongs to Oreste Vigorito and his family while cfo Stefano Renza, Giuseppe Cutolo and Serena Santonastaso handle the company’s finance. Eurus Energy Group owners are Toyota Tsusho and Tokyo Electric Power Company (TEPCO). Ferdinando Natali is Campania Regional Manager of UniCredit. Marco Perocchi heads Crédit Agricole Italia Banca d’Impresa. BonelliErede, Lazard and Marsh assisted the sponsors. Legance, PwC, DNV and Marsh Netherlands assisted the lenders.
Milan-listed Trevi Finanziaria attracted a mid long term facility agreement of 180 million euros from a pool of banks (see here a previous post by BeBeez). The financing has a five-years amortizing structure and will refinance the current banking liabilities of Trevi, repay a 5.25% bond that the company issued in 2014 due to mature in July 2026. Mediobanca and Molinari assisted Trevi for which Giuseppe Caselli acts as ceo. The lenders retained Linklaters. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Trevi, CDP and its investors. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Movex, an Italian industrial company that since 2021 belongs to German Armira, decided to issue a senior secured bond worth up to 90 million euros (see here the notes of 19 May, Tuesday, board meeting notes available for the subscribers to BeBeez News Premium and BeBeez Private Data) (see here a previous post by BeBeez). The multi-tranched issuance will pay a 5.25%on top of 6M Euribor (floor zero) with a PIK option and 7-year maturity. Swiss listed Partners Group will subscribe the bonds. Movex retained Ethica Group and Advant Nctm. The first unitranche instalment amounts to 50 million and will refinance the buyout related liabilities that Armira attracted in 2021from Intesa Sanpaolo, Banco BPM, Diversified Enterprises Credit Fund, Diversified Enterprises Credit Fund – Parallel Fund, and Muzinich. The first tranche of the new loan will also fund the 3 million deferred payment of Spanish company Afher Eurobelt announced in September 2025. The second 40 million tranche will finance further m&a deals. A comprehensive security package including a pledge over Movex’s share capital will secure the transaction.
Sources said to BeBeez that OneItalia Alliance, an insurance broker that belongs to JC Flowers & Co, said it issued a 60 million euros 5-year bond at a variable rate linked the 6-month Euribor that Macquarie Capital Principal Finance subscribed (see here a previous post by BeBeez). Guido De Spirt is the ceo of OneItalia which will invest such proceeds in M&A deals and retained EY and Molinari. Ropes & Gray and Pirola Pennuto Zei & Associati assisted Macquarie. Banca Finint acted as issuing and paying agent. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors JC Flowers 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 IT Lutech, a portfolio company of Apax Partners, increased by a further 35 million euros the 400 million senior secured bond maturing in 2031 with a coupon of 8.125% that issued in April 2026 (see here a previous post by BeBeez). The new bonds are fungible with the previous have a 101% price. The proceeds of such new private placement will finance the payment of a special dividend to direct and indirect shareholders in one or more instalments. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Apax Partners 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
Alma Farmacie Group (AFG), an Italian drugstores chain that belongs to, received a 10 million euros financing facility from Banco BPM which assistance from Dentons (see here a previous post by BeBeez). Gatti Pavesi Bianchi Ludovici assisted AFG which in 2025 issued a bond of 30 million that Eurazeo subscribed. Michele Quaranta is AFG co-founder, Head of M&A and Business Development. Mattia Mastroianni is Banco BPM Corporate Head. Claudio Costamagna, Andrea Giardino, Federico Floriani, Pasquale De Felice (ceo), and Quaranta founded AFG in 2021. In 2025, Eurizon Ecra Infrastrutture Eltif acquired a 7.71% stake. Further shareholders are Unipol Assicurazioni (8.59%), Carlo Rivetti (4.88%), Andrea Recordati (4.88%), L’Erbolario (3.95%), the Ruffini Family (2.79%), and others. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Eurizon Ecra Infrastrutture Eltif, Eurazeo 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
Redfish Listing Partners spa (RFLP), a Düsseldorf – listed firm that Paolo Pescetto and Andrea Rossotti founded in 2021, issued two bonds with an aggregate value of 5.5 million euros is support of its organic growth and M&A (see here a previous post by BeBeez). The first issuance is worth up to 3 million (tickets of at least 10000 euros) pays a 6% coupn with maturity in 2031. The 2.5 million zero coupon bond (5000 euros) matures in 2027, has a 5% gross implicit yield and is available on crowdfunding platform Opstart.
