What do YOU(!) ... think?
'Are you asking me, boss?'
Yes, Voice.
'Well, I think he's here. I think Lucky is here with us - now!'
Ha, ha, ha! What? All the way from the astral plane? I suppose it's not impossible ...
Please find attached the press release regarding the closing, by Vauban Infrastructure Partners, of the refinancing of Progeni S.p.A, a dedicated company, that manages the concession contract for the provision of non-sanitary services to the Niguarda Hospital in Milan.
Ha, ha, ha! And that's how it starts. It all seems so innocent, doesn't it? 'Please find attached!' And then we open the attachment ...
In late 2020, Vauban, through Core Infrastructure Fund III SCS, acquired 75% in Progeni S.p.A, to provide essential services to users of social infrastructure, grantors, public authorities, and investors over the long term. This investment is fully aligned with Vauban's strategy of finding projects that bring positive impact to local communities over decades, as well as ensuring that stable and sound management of contracts produce the best outcome for all stakeholders. The refinancing operation once again shows Vauban's constant commitment to invest in projects, making sure the interest of all the stakeholders being preserved that.
'Er ... is that it, boss?'
Don't be silly. Look at the punctuation. Look at the almost "sense" - such as it is.
Don't hesitate to contact me for any further information.
Best,
Estelle
'Oh.'
Yes, that was Estelle.
Now I'm opening the PDF attachment ...
THIS IS LUCKY - !!! ...
Paris November 7th 2022 Vauban Infrastructure Partners announces the closing of the refinancing of Progeni SpA the SPV!!! Special Purpose Vehicle holding the concession contract for the provision of non sanitary services to the Niguarda Hospital in Milan Vauban Infrastructure Partners "Vauban!" is delighted to announce the closing of the refinancing of Progeni SpA "Progeni!" a dedicated company majority owned by Core Infrastructure Fund III SCS that manages the concession contract for the provision of non sanitary services to the Niguarda Hospital in Milan Vauban indirectly hold a majority stake in Progeni alongside industrial co shareholders including the company Società Cooperativa Muratori e Braccianti di Carpi CMB the landmark!!! refinancing carried out in a complex macro economic environment alongside Societe Generale Crédit Agricole CIB and BPER Banca is comprised of two tranches provided through a club deal the financing!!! has been structured as Social Loan confirming the commitment of Vauban Progeni and lenders to social responsibility with Crédit Agricole CIB acting as Social Loan Coordinator the project is regulated by a concession agreement signed in 2006 between Progeni and ASST Grande Ospedale Metropolitano Niguarda the Grantor!!! the concession scope consists of the initial redevelopment of the hospital and the management of follow on services during the operating phase the construction of the hospital was completed in 2013 and operations will last until 2033 the project is currently in its operating phase providing non sanitary services to the hospital such as maintenance and management of buildings and heating systems provision of catering services for patients and employees cleaning and waste disposal services and rental of commercial spaces Niguarda hospital is one of the largest and most advanced facilities in the Milanese healthcare system providing essential medical services to the local communities the hospital!!! covers all specialties for adults and children and provides care for all diseases via complete and holistic treatments with a multidisciplinary approach in 2020 the hospital was named one of the top 50 hospitals in the world by Newsweek Magazine in late 2020 Vauban through Core Infrastructure Fund III SCS acquired 75% in Progeni Spa to provide essential services to users of social infrastructure grantors public authorities and investors over the long term this investment is fully aligned with Vaubans strategy of finding projects that bring positive impact to local communities over decades as well as ensuring that stable and sound management of contracts produce the best outcome for all stakeholders the refinancing operation once again shows Vaubans constant commitment to invest in projects making sure the interest of all the stakeholders being preserved that Progenis advisor suite has been instrumental in carrying out this refinancing debt Advisory was led by EY Italy BonelliErede acted as Borrower Legal Advisor and Gianni & Origoni as Lenders Legal Advisor due diligences were carried out by Dentons Europe Studio Legale Tributario Legal Arup Technical marsh Insurance KPMG acted as Model Auditor Christelle Destors Lepoutre Investment Director & Partner at Vauban Infrastructure Partners comments two years ago Vauban Infrastructure Partners strengthened its presence in Social Infrastructure by investing in the Niguarda Hospital concession in Milan Vauban is now proud to create additional value by refinancing the project which acts as an enabler for Progeni to best carry out its mission and represents an important milestone in Vaubans investment strategy in Italy C2 internal Natixis about Vauban Infrastructure Partners Vauban Infrastructure Partners is a leading Infrastructure Asset Manager focused on the European core infrastructure investments headquartered in Paris it employs 65 professionals working together since a decade Vauban is the fully fledged affiliate of Natixis Investment Managers dedicated to sustainable infrastructure equity investments Vauban targets predominantly European brownfield mid market assets pursuing a long term yield driven strategy matching the underlying nature of assets and long term commitment to all stakeholders interests through a strong focus on creating sustainable value Vauban has raised over €7.2 billion across 6 funds in core infrastructure from over 100 investors within!!! 17 different countries and has invested in over 70 assets in mobility energy transition social & digital infrastructure across 13 different
Thirteen different? Thirteen different what, Lucky?!
'He's gone.'
He's gone?!
'Just like that, boss. He went.'
Oh ... and now he's gone, Voice.
Lucky is gone!
'We must go, too ... for a while.'
Yes, I suppose we must.
'Bye.'
