(Finance) – CMM – Montirone Mechanical Constructionsa company specializing in the construction of carpentry and mechanical constructions, has perfected the issue of a 1.5 million euro minibond fully subscribed by Unicredit.
The loan, assisted by the coverage of the guarantee fund of Mediocredito Centrale, has a duration of 6 years and aims to support the growth objectives of the company both on a productive and social level. The loan will be used for CMM development projects: the expansion of production capacity, digitalization, energy analysis and installation of a photovoltaic system calibrated to support one’s needs.
The company works in the field of high-level mechanics for the supply of large structures and boasts important customers at national and international level in the fields of machine tools, energy, recycling, steel and plant engineering. In addition to owning many certifications for quality and safety the company also obtained the certification for the construction of plants considered structural within the scope of the EN 1090-EXC3 standard, which gives the possibility to carry out works considered to be at high risk such as parts of dams, bridges and more. In recent years the company has also adopted the organizational model 231 in order to increase the transparency of its work.
Andrea LodaCEO of CMM, said “having had the opportunity to use the financial instrument of the Minibond to invest in our work is a source of pride for us and it was possible thanks to the results obtained from the daily commitment of all the collaborators of our company”.
“We support Lombard companies by offering them alternative forms of investment financing, such as minibonds, a segment in which UniCredit is a leader in Italy”, he said. Marco BortolettiUniCredit Lombardy Regional Manager, recalling “through the instrument of the minibond, we mobilize important resources in favor of Italian SMEs by encouraging and facilitating the transition of our entrepreneurial system towards alternative forms of investment financing”.