Setramar spans over 600,000 square meters of owned areas and handles over 6 million tons of diversified dry bulk materials per year.
In 2025, Setramar’s advisor, Mediobanca, approached PGIM with a potential refinancing opportunity. After a competitive bidding process, PGIM was ultimately selected as the preferred lender thanks to a strong track record in Italian and International port financing transactions, which demonstrated valuable experience in Setramar’s infrastructure niche.
Later that year, PGIM issued Senior Secured Notes to Setramar, which will be used to refinance the capital structure and finance capital expenditures and other corporate goals of the Company.
Setramar’s management was impressed by PGIM’s experience in the real assets and port sectors, speed of execution, flexibility in deal structuring, and our ability to provide future financial resources.
We valued this opportunity to support Setramar’s goals, and we look forward to a continued relationship with them in the coming years.
