CVC Capital Partners buys 100 mln euros loans to Tirreno Power by lending banks
CVC Capital Partners buys 100 mln euros loans to Tirreno Power by lending banksAttualità
Cvc Capital Partners is said to have bought about 100 million euros in loans to Italy’s electric power group Tirreno Power from lending banks, Il Sole 24 Ore, wrote relaunching a news by Reorg Research, adding that among the sellers is Spanish group BBVA. Other lenders include BnpParibas, Credit Agricole, Ing, Cassa Depositi e Prestiti, Intesa Sanpaolo, Mediobanca, Mps, Unicredit and Portigon. Tirreno Power […]
Maeco Group takes control of dermocosmetics Rougj brand. RiverRock fund to finance the dealAttualità
Bologna-based Maeco Group srl bought a majority stake in the capital of  Alman Group srl and LAB srl,  owners of the Rougj brand, a leader in the European dermocosmetics sector in Europe, active for 30 years in the production and distribution of high-end natural products. Marco Giraldi, one of the founders of the Rougj brand, will remain as a minority shareholder in the […]
Qatar tries a deal with Esselunga, after the Italian supermarket group cashed in 9.2 bn euros orders for a 1bn bond issue
Qatar tries a deal with Esselunga, after the Italian supermarket group cashed in 9.2 bn euros orders for a 1bn bond issueAttualità
Qatar Investment Authority is studying a way to be allowed to invest in Italy’s leading supermarket chain  Esselunga, MF Milano Finanza, writes today adding that QIA’s head of consumer and retail investments, Ugo Arzani, is still trying to take home a deal even if a few months ago the founding family Caprotti said no to  a 7.3 billion […]
Bormioli Pharma to launch a 275 mln euros bond to finance buyout from Triton
Bormioli Pharma to launch a 275 mln euros bond to finance buyout from TritonAttualità
Bormioli Pharma Bidco spa is launching a 275 million euros bond whose proceeds will be party used to finance the acquisition of the pharma division of glass bottles maker Bormioli Rocco spa by Triton Capital private equity firm, announced last July. The fumd will also invest 120 million euros in cash equity. Triton Capital and Bormioli Luigi  actually announced last July […]
Glennmont Partners and PGGM refinance 170 mln euros debt of their wind farms in Italy
Glennmont Partners and PGGM refinance 170 mln euros debt of their wind farms in ItalyAttualità
CEF 3 Wind Energy spa, an investment holding developing onshore wind farms in Italy, has refinenced its portfolio issuing a 170 million euros bond maturing in January 2025 and paying a 2.01% coupon. The bond has been listed at the ExtraMot Pro market. The Admission document explains that proceeed from the issue will be used to repay debt issued by i Società Energie […]
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Italy’s invoice trading platform Credimi reaches 300 mln euros in dry powder
Italy’s invoice trading platform Credimi reaches 300 mln euros in dry powderAttualità
A 300 million euros of dry powder. This is now the financial power of Credimi, an Italian digital platform for instant financing of trade invoices, founded two year ago by Ignazio Rocco di Torrepadula (a former senior advisor at Boston Consulting Group and head of the financial institutions practice for Central Europe and now senior advisor to Tikehau Capital) together with a group of […]
Rating agencies give their investment grade vote to Esselunga, waiting for the bond
Rating agencies give their investment grade vote to Esselunga, waiting for the bondAttualità
Moody’s assigned a Baa2 long-term corporate rating to Esselunga spa and its coming senior unsecured bond.On the same side was also Standard&Poor’s who assigned a preliminary BBB- rating to the group with a stable outlook. The Italian supermarket chain is actually issuing its first bond for as much a one billion euros in order to partly refinance a 1.5 billion euros […]