Transaction details

Ethica Debt Advisory advised Dedagroup in structuring and issuing of a minibond

Ethica Debt Advisory advised Dedagroup, an Italian player in software production, in structuring and issuing of a minibond entirely underwritten by Euregio Minibond and Mediocredito Trentino Alto Adige.

Dedagroup ICT Network is a company specialized in software management for banks, treasury and cash management, public administration and fashion sector, with 14 companies, over 1.600 people, 25 offices in Italy and abroad serving over 3.500 customers. With headquarters in Trento and a turnover of over 200€M, Dedagroup ranks among the top 10 Italian ICT companies.

To achieve Business Plan 2014-17 goals, the company has decided to issue a 5 years bond aimed at local institutional investors. The Euregio Minibond Fund, through PensPlan Invest SGR, holding and management company, agreed to support the project by signing the issue. A stake was also underwritten by Mediocredito Trentino Alto Adige, as co-investor.