CAPA Cologna Issues 6.5 Million Minibond with CDP and Banca Sella

Deal News | Dec 16, 2024 | Cassa Depositi e Prestiti SpA

CAPA Cologna, an agricultural cooperative based in the province of Ferrara in Italy, has issued the first tranche of a minibond worth 6.5 million euros as part of an 8 million euro financial operation. This initiative is supported by Cassa Depositi e Prestiti and Banca Sella, with the latter also serving as the exclusive financial advisor through its Sella Investment Banking division. This seven-year bond aims to fund initiatives for modernizing CAPA Cologna’s cereal processing facilities in Libolla and Vigarano Mainarda, allowing the cooperative, which has more than 1,600 members, to invest in advanced technologies and enhance its production and storage capacities. The deal underscores the cooperative's financial stability and is seen as a robust alternative to traditional financing, providing the organization with necessary resources to support its long-term operational goals.

Sectors

  • Agriculture
  • Finance

Geography

  • Italy – The companies CAPA Cologna, Cassa Depositi e Prestiti, and Banca Sella are all based in Italy, with CAPA Cologna specifically operating within the Emilia-Romagna region.

Industry

  • Agriculture – CAPA Cologna is directly involved in agricultural activities, supporting over 1,600 members in the Emilia-Romagna region, highlighting the relevance of the agricultural industry to this article.
  • Finance – The involvement of financial institutions like Cassa Depositi e Prestiti and Banca Sella, as well as the issuance of a minibond, positions this article within the financial sector.

Financials

  • 6.5 million euros – The amount of the first tranche of the minibond issued by CAPA Cologna.
  • 8 million euros – The total value of the minibond to be issued by CAPA Cologna.
  • 4 million euros – The portion of the minibond underwritten by Banca Sella.
  • 2.5 million euros – The portion of the minibond underwritten by Cassa Depositi e Prestiti.

Participants

NameRoleTypeDescription
CAPA ColognaTargetCompanyAn agricultural cooperative located in Riva del Po, Ferrara, specializing in cereal processing and supporting its members in agriculture.
Cassa Depositi e Prestiti SpAInvestorCompanyA major Italian national promotional institution supporting economic development through strategic investments.
Banca SellaInvestorCompanyAn Italian bank that is part of the Sella group, involved in providing innovative financial solutions and advisory services.
Sella Investment BankingAdviser/ArrangerCompanyA division of Banca Sella specialized in extraordinary financing and arranged the minibond issue for CAPA Cologna.
Alberto StefanatiPersonPersonChairman of CAPA Cologna.
Vincenzo Paolo CarbonaraPersonPersonHead of Alternative Finance at Cassa Depositi e Prestiti.
Graziano NovelloPersonPersonHead of Private Debt at Sella Investment Banking.