Fileni Alimentare Spa, operating holding company of the Fileni Group, Italian leader in the organic poultry sector and third player in the entire poultry meat market, has recently signed two financial transactions – for a total of 60 million euros – aimed at supporting group investments intended, among other things, for the development of new products and the improvement of the efficiency of farming processes, especially in the organic sector. In detail, a five-year club deal loan was finalized, made available in equal shares by UniCredit and MPS Capital Services, the corporate and investment bank of the Montepaschi Group, for a total of 40 million euro.
A bond loan for a total of 20 million euro with a duration of seven years was also placed in private placement, subscribed by Cassa Depositi e Prestiti (“CDP”) – anchor investor in the transaction with a stake of 11 million euro – and by Volksbank, Iccrea and FinInt. Sgr. With this investment, CDP renews its support for the growth of companies in the agri-food sector, strategic sector for the national economy and identified as a priority in the 2019-2021 Business Plan. Unicredit acted as Global Coordinator and, together with MPS Capital Services, as Joint Bookrunner for the bond issue.
“We found convinced support for this operation in the banking and financial system – he comments the CFO of Fileni, Marco Ciurlanti -. It is undoubtedly thanks to the quality of the industrial plan presented, which will allow for a considerable development and strengthening of the Fileni Group in the coming years, but also to how the company has been able to structure and consolidate itself up to now. The new method of financing that we have obtained - continues Ciurlanti -, meeting the trust of important investors including Cassa depositi e prestiti, who have bet on us without delay, is the confirmation of the goodness of the strategy of the actions that the Fileni family is bringing after you".
“UniCredit's support for Fileni's investment plans – he underlines Andrea Burchi, head of the Central-North Region of UniCredit – responds to the logic of supporting the best businesses in the area and accompanying an exemplary business reality, capable of activating virtuous and sustainable growth paths. The close collaboration with the company has allowed us to identify the best financial structure for the entire operation and to best coordinate the placement of this inaugural bond for Fileni, which has attracted the interest of various institutional investors”.
"The continuous commitment of MPS Capital Services as a high-level specialist center for the supply of a wide range of financial and credit solutions at different levels of sophistication - declares Emanuele Scarnati, CEO of MPS Capital Services – sees us alongside Fileni as the ideal partner for the growth of a sector of fundamental importance for our country, such as the organic agri-food sector, which requires constant development of products and processes and continuous control of food for guarantee the highest quality standards.”
“With this operation – he comments Nunzio Tartaglia, Head of CDP Imprese – we support an Italian excellence in the agri-food sector in implementing its growth plan, in particular for the creation of new organic breeding centres, a sector in which the company is the market leader in Italy. The operation confirms the role of CDP as a key partner of the main Italian agricultural and agri-food cooperatives”.
