The Friuli-based company Officine Tecnosider, headquartered in the Aussa Corno industrial area of San Giorgio di Nogaro (Udine), active in the hot rolling of steel for heavy carpentry, shipbuilding, large architectural and infrastructure projects, oil & gas, and offshore sectors, has completed the issuance of a €3 million minibond, fully subscribed by Banca Valsabbina of Brescia, which acted as Sole Investor and Paying Agent.
The transaction, with a duration of 72 months, is aimed at supporting the investments required for the modernization and upgrading of the production site in San Giorgio di Nogaro.
The Friuli-based company is not new to the capital markets; already in 2018, a €15 million minibond had been subscribed by the Iccrea banking group, Mediocredito Friuli Venezia Giulia, Friuli, and Banca di Udine, with maturity in December 2024.