Financing ·
Prices $1.8B of senior secured notes due 2032, upsized from $1.5B
BSPBending Spoons S.p.A.
Bending Spoons priced an upsized dual-currency senior secured notes offering with an aggregate principal amount equivalent to approximately $1.8 billion. The transaction comprises $1.25 billion in 9.625% U.S. dollar-denominated notes and €500 million in 8.625% euro-denominated notes, both due in 2032. Issued at par by wholly-owned subsidiaries, the offering was upsized from an originally proposed $1.5 billion following strong demand. Net proceeds will fund future acquisitions, pay transaction costs and taxes, and support general corporate purposes. Settlement is expected on or about November 4, 2026, subject to customary closing conditions. Bending Spoons operates in the technology sector, developing consumer software applications.