Flos B&B Issues EUR 550M Bond with PedersoliGattai's Guidance
Deal News | Dec 18, 2024 | PedersoliGattai
Flos B&B Italia SpA, backed by The Carlyle Group and Investindustrial, successfully issued a senior secured bond and increased its revolving financing facility to a combined total of EUR 550 million. Legal counsel PedersoliGattai, renowned for their expertise in Italian law, played an integral role in advising the initial purchasers. With a team led by partner Gaetano Carrello alongside several experienced counsel and associates, PedersoliGattai ensured the transaction was executed smoothly, particularly concerning Italian law and tax implications.
Sectors
- Private Equity
- Corporate Finance
- Legal Advisory
Geography
- Italy – PedersoliGattai advised on Italian law aspects of the transaction, indicating the geographical focus of legal regulations.
Industry
- Private Equity – The article discusses a transaction involving portfolio company Flos B&B Italia SpA, which is backed by private equity firms The Carlyle Group and Investindustrial.
- Corporate Finance – The focus on bond issuance and financing increases, highlights the corporate finance aspect of structuring and managing large-scale financial transactions.
- Legal Advisory – PedersoliGattai's role as legal advisors for the transaction demonstrates the importance of legal expertise in high yield bond issuance.
Financials
- EUR 550 million – Total value of the senior secured bond issue and revolving financing facility.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Flos B&B Italia SpA | Target Company | Company | A portfolio company involved in the issuance of a senior secured bond. |
| The Carlyle Group | Private Equity Firm | Company | One of the private equity firms backing Flos B&B Italia SpA. |
| Investindustrial | Private Equity Firm | Company | Another private equity firm supporting Flos B&B Italia SpA. |
| PedersoliGattai | Legal Advisor | Company | Legal advisory firm that facilitated the bond issuance under Italian law. |
| Gaetano Carrello | Partner | Person | Led the PedersoliGattai team advising on the bond issuance. |
| Federico Tropeano | Counsel | Person | Part of PedersoliGattai's team handling legal advice. |
| Davide Stracquadanio | Associate | Person | Part of the advisory team at PedersoliGattai. |
| Alessandra Arioli | Associate | Person | Part of the advisory team at PedersoliGattai. |
| Cristiano Garbarini | Partner | Person | Led the tax advisory team at PedersoliGattai. |
| Daniela Caporicci | Salary Partner | Person | Member of the tax team at PedersoliGattai. |
| Valentina Buzzi | Counsel | Person | Member of the tax team at PedersoliGattai. |