
4 november 2025 – Global law firm Hogan Lovells acted as external legal counsel to Cassa depositi e prestiti S.p.A. (“CDP”) and Finint Investments in connection with the issuance of two bonds with a total value of €5 million by Feudi di San Gregorio Società Agricola S.p.A., a leading company in the wine sector of Southern Italy, subscribed by CDP and Finint Investments, on behalf of the alternative investment fund “PMI Italia III”.
The issuance consists of two tranches: the first, valued at €3 million with a term of 7 years, was subscribed by Finint Investments through the “PMI Italia III Fund”; the second, valued at €2 million with a term of 6 years, was subscribed by CDP.
The transaction features an innovative financial structure, which provides, as security for the two bond loans, a revolving non-possessory pledge on the wines held in inventory. This instrument allows the company to retain possession of the pledged goods, with the possibility to replace them, thereby enabling continued use in its production or business processes.
The proceeds from the issuance will be used to support new initiatives for the growth of Feudi di San Gregorio, as outlined in the company’s business plan, and in particular will be used to develop the Italian and international markets, as well as the Borgo San Gregorio wine resort within the winery.
The Hogan Lovells team that advised CDP and Finint Investments, as lenders, was led by partners Patrizio Messina and Sabrina Setini, and included senior associate Pietro Tirantello and associate Gabriele Ippolito.