Case Study

PGIM supports K-Flex with growth & expansion capital

Based in Roncello, Italy, L’Isolante K-Flex SpA (“K-Flex” or the “Company”) is a leading global player in the technical insulation market being manufacturer and distributor mainly of elastomeric thermal and acoustic insulation primarily for industrial and commercial markets.

K-Flex

At a Glance

PGIM's relationship with K-Flex started in 2018 to support the Company’s first USPP issuance through our first bilateral transaction followed by other transactions over the last years.

In 2024, PGIM learned about K-Flex’s financial needs and willingness to further strengthen our relationship. Our Milan based deal team set a site visit and worked on finding the right market timing to provide the most competitive terms. L’Isolante K-Flex SpA decided to partner with us again given our i) relationship-oriented approach, ii) attractiveness of USPP’s terms, and iii) speed of the process.

We are very pleased to continue partnering with K-Flex providing Senior Unsecured Notes and look forward to supporting the Company’s growth in the years to come.

Relationship Since 2018
 
Transaction details:
  • Senior Unsecured Notes

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Francesco Ascoli
Francesco Ascoli

Managing Director, Europe & Uk Corporate Finance

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