TECNOCAP SPA HAS ISSUED A €4M MINI-BOND TO EXPAND ITS BUSINESS INTERNATIONALLY.

Tecnocap S.p.A. has issued a €4m mini-bond which was subscribed by Pioneer Investment fund (Pioneer Progetto Italia). The bond issue will finance an investment plan to expand the production facilities of Tecnocap Group and sustain the growth of the company internationally.

Michelangelo Morlicchio, Tecnocap Group CEO declared: “The issue of Minibond is one of the first case histories of investment by the asset management in the real economy of Italian SMEs which falls in line with the path of strengthening our financial structure through the use of a wide range of opportunities offered by the Capital Market. A plan started a few years ago with the participation in the project Elite Italian Stock Exchange and will be completed with the possible Quotation of our company to the AIM market of the Italian Stock Exchange for small and medium-sized enterprises“.