
NEXTNOW advised on a € 25 million bridge loan to finance the acquisition of the hotel, already disbursed by Italian bank MPS. NEXTNOW is currently committed for raising from the banks additional €35 million Syndicate Senior financing and € 25 million grant from the Italian Government. The grant is already approved, and the syndication - arranged by MPS Bank - is on-going.
The touristic project is composed by: (i) A 32.800m² Resort (135.000 m³ construction) hosting around 2.200 guests and a (ii) Country Suite Hotel.
The Resort will be built with innovative modulare solutions, eco-friendly design and materials, highest environmental solutions. The starting of works is expected by September 2017.
NEXTNOW is committed for the: (i) identification of equity partners, (ii) raising from the banks a € 30 million Senior financing and (iii) € 25 million grant, from both the Italian Government and local regional Authorities.
NEXTNOW is committed for the: (i) identification of equity institutional partners, (ii) raising from the banks and Financial market up to € 300 million Senior construction finance.