Bending Spoons is trading 4.1% up at $34.03 after announcing a new €500 million medium-long-term loan facility to accelerate its acquisition strategy.
- The financing is guaranteed by Italy’s export credit agency SACE and was arranged by a banking consortium including HSBC, Intesa Sanpaolo, and BPER Banca.
- This facility expands the company's total acquisition firepower to approximately €1.5 billion, a move viewed positively by investors in the current risk-on market.
- The capital injection strengthens the firm's balance sheet for future deal-making following its recent high-profile acquisitions.