Unicredit has subscribed to a 5 million euro mini-bond issued by Iselfa, a company in the province of Varese that has been active since 1932 in the electro-upsetting and hot forging of steel for the automotive industry. The bond has a 7-year maturity and a variable quarterly coupon indexed to the Euribor.
The issue, reads the note from Unicredit, "is intended to support the industrial group in its path of growth, business development and internationalization, as part of a well-defined and functional investment program for the continuous improvement of its market positioning ”.
The operation with Iselfa "has a double value - explains Giovanni Solaroli, Lombardy regional manager of Unicredit - On the one hand, it expresses the will of our bank to be a reference partner for the most dynamic realities of our territory and for the entire supply chain in which the company fits in, on the other hand it is exemplary in its nature as an alternative and innovative funding method, absolutely replicable by other companies determined to undertake structured growth plans”. rity48\lsd
