At a Glance

PGIM’s relationship with San Carlo began in 2014, when we provided them with €40 million in Senior Unsecured Notes. The relationship was renewed in January 2025, when PGIM provided San Carlo with a $70 million PGIM Private Shelf Facility, with an initial draw of  €25 million. This transaction served to  contribute to the Company’s next investments.

San Carlo’s management was impressed with our ability to issue long-term US Private Placement financing, which will contribute to its growth strategy. This, alongside our relationship-oriented partnership and flexible, pragmatic approach, influenced San Carlo’s decision to work with us.

We were glad for this opportunity to continue our support for San Carlo, and we look forward to working alongside the Company in the future.