First unitranche bond facility for Italian PE acquisition

By Olivier Holmey
23 Oct 2014

Asset managers Tikehau IM and Emisys have provided a six year €14.2m unitranche bond facility for the acquisition by a group of investors led by LBO Italia of GF SpA, a manufacturer of automated filling machines for the pharmaceutical industry. It is the first time such a debt structure has been used for this type of deal in Italy, people involved said.

The tailor-made financing solution was described by a person involved in the deal as “highly innovative” for the Italian market. “Although it is a small operation, it certainly has opened the doors for small and medium-sized companies to different alternatives to banking financing,” he told GlobalCapital.

However, asked ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data