Nexta Project Development S.r.l., a company active in the development of renewable energy plants, has issued a bond through a private placement transaction, subscribed by three private debt funds.
Nexta Project Development S.r.l., a company active in the development of renewable energy plants, has issued a bond through a private placement transaction, subscribed by three private debt funds. The proceeds are intended, among other things, to support the company’s cash requirements. Azimut Corporate Finance acted as advisor on the transaction.
The transaction was followed, structured and managed on behalf of Nexta Project Development under the coordination of Group General Counsel Elisabetta Negrini, assisted by Marta Lomuscio and Francesco Auletta from the Legal team, as well as the Finance team led by Stefano Garavaglia and Head of Group Reporting Luca Piazza, with the contribution of CTO Mattia Boccolini and the support of Investment Manager Antonio Rosato.
The investors were assisted on legal matters by Bird & Bird, with a team coordinated by partners Pierpaolo Mastromarini and Michele Arruzzolo, supported by senior associate Andrea Semmola and associate Francesco Bianco. Bird & Bird’s scope covered all legal aspects of the transaction, including the drafting of the financial documentation and the analysis of regulatory and tax matters related to the issuance. Technical due diligence on Nexta Project Development’s active contracts was carried out by Protos, with a team led by Emiliano Guerrieri. Notarial matters were handled by notary Marco Farina of FM Notai.