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Pro-Gest units sell €200 million of bonds in three smaller tranches
By Devika Patel
Knoxville, Tenn., June 29 – Pro-Gest SpA subsidiaries sold €200 million of bonds, according to a press release.
The subsidiaries raised €75 million in the most recent closing, issued by Cartitalia Spa, €90 million issued by Cartitalia in December 2020 and €35 million issued by Tolentino SpA in December 2020.
All of the bonds were bought by Carlyle's Global Credit platform.
Credit Suisse was the placement agent.
Pro-Gest is an Itranta, Italy-based producer of containerboard, corrugated cardboard and packaging solutions.
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