Date Time
Ashurst advises Pricoa on SIT’s private placement of ESG-linked bonds
Global law firm Ashurst has acted for Pricoa Private Capital, the private capital business of Prudential Financial, Inc., as initial purchaser of ESG-linked bonds issued by Italian listed company SIT S.p.A. (SIT) to diversify its funding sources and improve financial flexibility.
SIT is the parent company of SIT Group (the Group), which is a leading global manufacturer and supplier of smart solutions for climate control and consumption measurement. The Group has subsidiaries and operations in, among others, Italy, Netherlands, Romania, Portugal, China, USA and Mexico; it has recorded revenues in excess of €320 million in 2020, with an adjusted EBITDA of more than €44 million and a net profit of more than €13 million.
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Subscriber only AFTER the Norths juggernaut clicked up a gear and rolled to another huge victory, the warning was clear. The Norths Devils will only get better in this year s Ipswich A-Grade hockey competition. Sunday night s 7-1 victory over Easts came after the Devils surrendered the first goal. We probably needed a goal against us to start with just to wake up, coach Steve Profke said. With only four training sessions under their belt, last year s grand final runners-up displayed plenty of firepower with Profke s sons Zac (four) and Riley (two) dominating the goal fest. However, the other teams are already on notice.