Following the completion of the private capital injection by shareholders, Cantù Arena S.p.A. has completed a complex and innovative project financing operation for the construction of the new Cantù Arena.
Il processo di costruzione dell’opera è ora quindi totalmente finanziato grazie ai tre pilastri finanziari costituiti da equity privata, contributo pubblico e supporto degli Istituti Bancari.
Il finanziamento è stato concesso da un pool di primari istituti di credito, composto da Istituto per il Credito Sportivo e Culturale, Intesa Sanpaolo in qualità di banca agente, BCC Cantù, together with Finlombarda, la società finanziaria di Regione Lombardia.
Thanks to a careful structuring work, which allowed the combination of private resources and a calibrated use of public interventions, guaranteed by the Municipality of Cantù and the Lombardy Region, the initiative was characterized as the first intervention without recourse in the sector of sports related assets.
The project to build the new Arena was promoted by a group of companies, Cantù Next S.p.A., Gallerie Commerciali Bennet S.p.A., Bennet S.p.A., Acinque Innovazione S.r.l., Pichler Projects S.r.l., MA.SI Group S.r.l., Cobet S.r.l., Nessi&Majocchi S.p.A. e Consonnistrade 2001 S.r.l., through the procedure dedicated to the construction and modernization of sports facilities known as the "Legge Stadi" (Stadium Law).
“Al termine di un percorso iniziato due anni fa e non privo di asperità – dichiara il Presidente di Cantù Arena S.p.A., Antonio Munafò – we have completed a fundamental step nell’operazione di realizzazione della nuova casa di Pallacanestro Cantù. Ringrazio dunque, oltre ai soci di Cantù Arena, gli istituti di credito che, in uno spirito di perfetta collaborazione, si sono uniti in un pool che garantisce una forza e una credibilità ancora maggiore al nostro progetto”.
"The full financing of the project – says claims the Mayor of Cantù, Alice Galbiati – is a fundamental step in the process of creating the new Cantù Arena. My most sincere compliments to the President of Cantù Arena S.P.A., Antonio Munafò, to all members, partners and professionals involved in the operation. Both on the public and private side, we are working with commitment and determination to achieve the to achieve the goal of realizing the dream of Cantù Arena, home of Basketball and a point of reference for sporting and cultural events at a territorial level. The fact that Cantù is the first municipality in Italy to apply the "Stadium Law" demonstrates how innovative our project is, both for its financial structure and for the strategic importance it holds. I would like to thank the President of the Lombardy Region, Attilio Fontana, and the Regional Councilors Massimo Sertori and Alessandro Fermi who believed in the relevance of this initiative. It is also thanks to their commitment that today we can count on funds coming from private, public and banking resources, in the name of a virtuous collaboration between the public and private sectors. Today Cantù shows that, with determination and a clear vision, ambitious projects can be achieved”.
Cantù Arena availed itself of the legal consultancy of Chiomenti firm, with a multidisciplinary working group led by the lawyer Marco Cerritelli, while Studio Legale Guzzetti supported the credit institutions. Given the complexity of the operation, the notarial profiles were handled by the Notaries Scalamogna e Manfredi and the financial profiles of the project financing were handled by Stefano Marelli, name partner of Marelli & Brenna. During the development of the project, Cantù Next availed itself of Iniziativa Cube, with a team led by partner Marco Messina.
