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NCTM advised on the issue of the Pasta Zara “Mini-bond”

20 Apr 2015

Pasta Zara S.p.A., the leading company in the export of pasta Made in Italy, with the assistance of Finanziaria Internazionale (Finint), has issued a bond pursuant to the recently enacted legislation on “Mini-bonds” for an amount of €5 million. The bond was admitted to trading on the Extramot PRO segment of the Italian Stock Exchange.

The “Mini-bond” worth €5 million, with a 5 year term and 6.5% yearly coupon, addressed to professional investors, was subscribed by a fair number of investors, including investment funds, pension funds and banks.

Pasta Zara, already leader in the export of pasta, decided to make use of these innovative financial instruments to expand its presence in new markets such as America and the Middle East.

NCTM Studio Legale Associato acted as "deal counsel” for the transaction, with a team comprised by Stefano Padovani and Andrea Iovieno.

Matter Type
Banking & Finance - Capital Markets: Debt
Industry
Food & Beverage
News Category
Banking & Finance