UniCredit signs Minibond of Piazza Italia – Economy and Finance



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(Teleborsa) – UniCredit subscribed to an obligation issued by Piazza Italia, an Italian brand of clothing for women, men and children, and one of the fashion leaders in Italy. The unsecured bond loan has an amount of 3 million euros and a term of 6 years .

This is a statement of the first issue of bonds subscribed by UniCredit with a company from Campania, "confirming the significant potential of the fashion industry in the country's industrial fabric".

The issue underwritten by UniCredit will aim to "support the company in its path of growth and development of the sales network in Italy and abroad, as part of a program in Italy, Piazza Italia, founded in 1999 by the family Bernardo in Naples, is today one of the Italian leaders in the distribution of has experienced a remarkable development on the national territory and abroad in recent years.At today, it has more than 2500 employees, a turnover of business. about 408 million euros with a consolidated position in foreign markets. The sales network is based on 169 direct sales outlets in Italy and 133 franchised stores, of which 55 out of ;foreign.

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