OBJECTWAY ENTERS THE FIRST ELITE BASKET-BOND FROM BORSA ITALIANA

  • Investment Management
  • 25.01.2018 12:46 pm

Objectway, one of the leading European players in the development and production of software solutions for wealth and investment management, has gained access to the first collective bond issue – ELITE Basket Bond – issued by Borsa Italiana.

The issue amounts to 122 million euro, whose highest share is Objectway's, with a 18 million euro bond. 

Ten companies are part of the deal, diversified across markets and geography, but all part of ELITE, the international platform of Borsa Italiana – LSEG, started in 2012 in collaboration with Confindustria and the Ministry of Economy to support growth and fundraising by high-potential firms.

Banca Finint is the structurer (through the controlled company FISG) and distributor of the basket bond, while Banca Europea per gli Investimenti (BEI) and Cassa Depositi e Prestiti (CDP) are Lead Investors.

“We successfully passed the selection thanks to our respect of the economic and financial reliability requirements made by the pool of investors,” said Luigi Marciano, CEO of Objectway. “It's an important opportunity for us, to accelerate our initiatives of product innovation and international growth.”

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