KNG Securities LLP ("KNG") acted as advisor and arranger on two debt financing transactions of EUR 5.5m and 10.5 m respectively for Aero Sekur Spa and Edra SpA.
The transactions were guaranteed by Sace and by MCC in the context of the Central SMEs Guarantee Fund.
Aero Sekur is a specialist supplier of safety systems and advanced flexible materials to the global aerospace and defence markets.
The company has extensive manufacturing and R&D facilities in Italy and is present worldwide The core business of Aero Sekur is the design and development of advanced engineered structures using flexible materials.
The proceeds from the loans will be used for general corporate purposes, in particular for the purchase of new plants and machinery aimed at making the production cycle more efficient, and to support the needs related to working capital.
The team involved, for KNG, Lorenzo Tarquini, Andrea Figallo and Michele Lupo, for Aero Sekur Mark Butler, Maurizio Bosio and Vincenzo Troiano.
Edra is part of the LSWR Group, an Italian multinational group that provides courses, publications, and other related services in the health and medicine, juridical legal and technical fields.
The group was established in March 2013 with the acquisition of Elsevier Italia, an Italian company operating in the sector of communication, publishing, training and services. Through strategic acquisitions, including those of Masson and Edra, the group today represents a point of reference in the field of medicine and health related publications
The team involved, for KNG, Lorenzo Tarquini, Filippo Gromo, Andrea Figallo and Michele Lupo, and for Edra, Giorgio Albonetti, Ludovico Baldessin and Marco Ancora.