Elite Basket Bond Ambassador
Tecnocap SpA, together with nine other Italian Elite companies, has joined the Elite Basket Bond, a simultaneous issue of ten-year bonds for a total amount of 122 million euros. This is the first financial transaction system, carried out through a “basket” solution by ELITE, the international platform of Italian Stock Exchange.
Elite Basket Bond aimed at supporting the growth of a selected and diversified group of qualified Italian companies. It is structured by Finint Bank through its subsidiary FISG in partnership with the EIB, the European Investment Bank, and the Cassa Depositi e Prestiti (CDP), was structured by Banca Finint, through its subsidiary FISG.
Massimo Santomauro, CFO and Investor Relations of Tecnocap Group, stated: “Taking part in the first Basket Bond System represents a further step forward in our financial strategy oriented towards the best balance and integration between innovative and conventional finance”.
Tecnocap is a global metal packaging manufacturer, specialized in metal closures for glass jars and plastic containers. Here, they are the third biggest producer of closures for food, baby food and beverage packaging. The Group is also emerging as a global leader for integrated packaging solutions, i.e. aluminum monobloc aerosol cans and aluminum bottles for some of the world’s best-known consumer brands in food, beverages, spirits, cosmetics, nutraceuticals, pharmaceuticals, industrial and household products.
Sustainability is a key point for all our activities and strategic decisions.
Tecnocap works closely with our customers to support them in reaching their sustainability targets by providing responsible packaging solutions.
Corporate website: www.tecnocapgroup.com.