Italian Ceramics Group Seeks Refinancing on Pemberton Debt
- Italcer has to address October deadline on €200 million bonds
- Pemberton granted the debt to fund company’s expansion
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Italcer SpA is looking to refinance debt provided by Pemberton Asset Management ahead of a looming maturity deadline.
The Italian ceramics group, owned by private equity firm Mindful Capital Partners, needs to address around €200 million ($214 million) of private bonds supplied by Pemberton and coming due in October, said people with knowledge of the matter, who spoke on the condition of anonymity.