Muzinich Italian Private Debt Fund announced yesterday that it has subscribed a10 million euros minibond issued by Eco Eridania spa a Genoa-based company specialized in industrial and special waste treatment, leaving the door open to subsequent investments. «Other resources will be disposed to the company in a subsequent occasion" (download here the press release).
The new cash will add to the new equity made available by Eco Eridania's shareholders Roccaforte (an holding company owned by entrepreneur Andrea Giustini) and Xenon Private Equity Fund, after last June Fondo Italiano d’Investimento divested its stake in the company. The new cash will finance the company's strategic plan including growth by m&a deals. Eco Eridani