Welcome
We are excited to introduce ourselves to you and our unique way of working together. In order to provide you with the optimal experience, how would you describe yourself?

Case Study

Lannutti SpA raises capital for acquisition financing and sets up multi-currency Revolving Shelf Facility

Based in Cuneo, Italy, Lannutti S.p.A. (“Lannutti” or the “Company”) is a service provider specialised in transports and industrial logistics in Europe with a specialty focus on raw glass transportation.

Case Study

Lannutti SpA raises capital for acquisition financing and sets up multi-currency Revolving Shelf Facility

Based in Cuneo, Italy, Lannutti S.p.A. (“Lannutti” or the “Company”) is a service provider specialised in transports and industrial logistics in Europe with a specialty focus on raw glass transportation.

At a Glance

In October 2022, Prudential was informed by Lannutti’s advisor about the Company’s financial needs and search for a long-term investor ahead of M&A plans. Following the introduction, Prudential started working on a possible capital support plan.

In May 2023, we closed a $100 million, 3-year multi-currency Revolving Shelf Facility with an initial draw up to €10 million Senior Unsecured Notes. The proceeds were used to: i) support the acquisition plan and ii) for general corporate purposes.

Lannutti decided to partner with us given our i) relationship-oriented and pragmatic approach, ii) possibility of further draws within tight deadlines to finance M&A activities, and iii) international alternative to local banks offering longer maturities and flexible amortizing schedules.

We are proud to call Lannutti a partner and we look forward to supporting the business as it continues to execute on its aspirations in the years to come.

Relationship Since 2023
Transaction details:
  • €10,000,000 Senior Unsecured Notes
  • US$100,000,000 Pru-Shelf
Meet the team

The Full Story

Additional case studies

Client company logo
Solør Bioenergi refinances existing debt facility
Relationship Since 2024
See the full story
Client company logo
Fueling Allient’s future growth and access to capital through a Pru-Shelf Facility
Relationship Since 2024
See the full story
Client company logo
Maxam sets up multi-currency Shelf facility with initial loan draw
Relationship Since 2024
See the full story

Meet our team

See all people
Right arrow
Francesco Ascoli headshot
Francesco Ascoli
Senior Vice President
+39.02.50042.104
Email
Italy

Perspectives

Learn More
You might also like