The minibond is linked to the achievement of specific sustainability targets and is designed to support Cotonificio Albini’s development plans through the purchase of new machinery to upgrade its production facilities
The transaction supports the growth of the textile sector and features an innovative financial structure under which the company’s inventory is pledged as collateral through a non-possessory movable pledge
Cotonificio Albini has joined the basket bond programme promoted by Cassa Depositi e Prestiti, Mediocredito Centrale and Sella with a new €5 million issue. The transaction brings the total value of minibonds subscribed under the initiative to approximately €120 million. Since its launch in 2021, the programme has supported 14 Italian companies in their growth, innovation and sustainable development projects, facilitating access to the capital markets and strengthening their competitiveness in Italy and abroad.
More specifically, Cotonificio Albini, a market leader in the manufacture of shirting fabrics, has issued a six-year minibond aimed at supporting the company’s development and industrial rationalisation process through the purchase of machinery and equipment to upgrade its production facilities.
CDP and MCC both acted as anchor investors, each supporting the project by subscribing 40% of the securities issued by a Special Purpose Vehicle (SPV), while Banca Sella subscribed the remaining 20%.
In particular, Cotonificio Albini’s bond issue has a sustainability-linked structure, under which specific sustainability KPIs are identified. Achievement of the relevant targets results in a reduction in the interest rate applied to the financing.
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Transaction details
Cotonificio Albini S.p.A., the main subsidiary of Albini Group, is a market leader in the production of high-end shirting fabrics and recorded revenue of more than €115 million in 2025. The Group operates internationally, exporting to more than 80 countries, and has seven production plants located in Italy, Egypt, the Czech Republic and Hungary. A long-standing partner to some of the world’s most prestigious luxury brands, Albini celebrated its 150th anniversary in 2026 together with the fifth generation of the family, its employees and customers.
The minibond issue forms part of the Group’s long-term strategy of combining innovation, industrial competitiveness and sustainability, while further strengthening Albini’s position in international markets.
The transaction is backed by a non-possessory movable pledge over textile products held by Albini Group at its logistics hub in Gandino, in the province of Bergamo. The structure of the collateral allows the company to continue using and selling the inventory in the ordinary course of business, while maintaining loan coverage based on a minimum ratio between the value of the pledged assets and the outstanding debt throughout the life of the transaction.