STOCK TITAN

Bending Spoons (BSP) adds €1.49b in new credit facilities

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Bending Spoons S.p.A. entered into a new €500 million SACE-backed medium-long-term term loan facility provided by HSBC Continental Europe, Intesa Sanpaolo, and BPER Banca, maturing in March 2031. The facility benefits from a guarantee by SACE.

Together with €495 million of additional term loan A financing and a €490 million increase in revolving credit facility commitments, Bending Spoons has agreed €1.49 billion of new and expanded facilities since the beginning of the second quarter. These facilities are available for general corporate purposes and acquisitions and all mature in March 2031. In March 2026, the company served over 500 million monthly active users and more than 9 million monthly paying customers.

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New SACE-backed term loan €500 million Medium-long-term facility maturing March 2031 with SACE guarantee
Additional term loan A financing €495 million New term loan A facility agreed from beginning of second quarter
Increase in revolving credit commitments €490 million Increase in commitments under revolving credit facility
Aggregate new and expanded facilities €1.49 billion Total facilities agreed from beginning of second quarter
Facility maturity March 2031 Maturity date for the new term loan, term loan A, and revolving facility
Monthly active users Over 500 million User base in March 2026
Monthly paying customers More than 9 million Paying customer base in March 2026
revolving credit facility financial
"a €490 million increase in commitments under Bending Spoons’ revolving credit facility"
A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.
term loan A financing financial
"Together with €495 million of additional term loan A financing and a €490 million increase"
Export Credit Agency financial
"SACE is Italy’s Export Credit Agency, wholly owned by the Ministry of Economy and Finance"
An export credit agency is a government-backed institution that helps domestic exporters by offering loans, loan guarantees, or insurance to foreign buyers so they can buy goods and services from home-country companies. For investors, this reduces the risk that a large overseas sale will fall through — similar to a bank co-signing or insuring a big customer — which can make revenue more reliable and projects easier to finance.
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning of the safe-harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
risk-adjusted returns financial
"deploying capital in a disciplined way to generate attractive risk-adjusted returns, primarily through acquisitions"
A way of measuring investment performance that adjusts raw returns to account for how much risk was taken to earn them. Think of it like comparing two cars by not just top speed but also fuel efficiency: a higher ‘speed per gallon’ is more impressive. For investors it shows whether higher profits came from smart choices or simply from taking bigger chances, helping compare funds and make safer portfolio decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What new financing did Bending Spoons (BSP) secure in July 2026?

Bending Spoons secured a new €500 million SACE-backed medium-long-term term loan facility maturing in March 2031. The loan is provided by HSBC Continental Europe, Intesa Sanpaolo, and BPER Banca and benefits from a guarantee by SACE.

What is the total amount of new and expanded facilities Bending Spoons (BSP) has agreed?

Since the beginning of the second quarter, Bending Spoons has agreed €1.49 billion of new and expanded facilities. This total includes the new €500 million term loan, €495 million of term loan A financing, and a €490 million increase in revolving credit commitments.

What are the maturities and purposes of Bending Spoons’ (BSP) new credit facilities?

All the new and expanded facilities mature in March 2031 and are available for general corporate purposes and acquisitions. This common maturity applies to the €500 million term loan, the €495 million term loan A, and the €490 million revolving credit facility increase.

How does SACE participate in Bending Spoons’ (BSP) new financing?

The new €500 million term loan benefits from a guarantee provided by SACE, Italy’s export credit agency. SACE’s involvement aligns with its mission to support Italian companies’ international growth by offering guarantees that facilitate access to medium-long-term financing.

What scale is Bending Spoons’ (BSP) user base as of March 2026?

In March 2026, Bending Spoons served over 500 million monthly active users and more than 9 million monthly paying customers. These users are tied to its portfolio of digital businesses, including brands such as Evernote, Remini, StreamYard, Vimeo, and WeTransfer.

What strategy does Bending Spoons (BSP) pursue with the new financing capacity?

Management states that the arrangements enhance capital resources and provide financial flexibility, supporting a capital-allocation strategy focused on acquisitions. The company aims to deploy capital in a disciplined way to generate attractive risk-adjusted returns, primarily by acquiring and transforming digital businesses.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-43382

 

 

 

Bending Spoons S.p.A.

(Translation of registrant’s name into English)

 

 

 

Via Nino Bonnet 10

20154 Milan

Italy

(Address of principal executive office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F ¨ 

 

 

 

 

 

EXPLANATORY NOTE

 

On July 28, 2026, Bending Spoons S.p.A. ("Bending Spoons" or "we") issued a press release announcing the closing of a new €500 million term loan facility and providing an update on recent financing arrangements. Together with €495 million of additional term loan A financing and a €490 million increase in revolving credit facility commitments, we have agreed €1.49 billion of new and expanded facilities from the beginning of the second quarter. The new facilities are available for general corporate purposes and acquisitions and mature in March 2031. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 6-K.

 

The information contained in this report on Form 6-K (excluding Exhibit 99.1) is hereby incorporated by reference into Bending Spoons' registration statement on Form S-8 (File No. 333-297730).

 

EXHIBIT INDEX

 

Exhibit
No.
  Description
     
99.1   Press release, dated July 28, 2026

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  Bending Spoons S.p.A.
   
Date: July 28, 2026 By: /s/ Luca Ferrari
    Luca Ferrari
    Chair of the board of directors, co-founder, and
chief executive officer

 

 

 

 

Exhibit 99.1

 

 

 

Bending Spoons enters into €500 million SACE-backed term loan facility

 

Milan, Italy—July 28, 2026 | Bending Spoons S.p.A. (NASDAQ: BSP) announced today that it has entered into a new €500 million medium-long-term financing provided by HSBC Continental Europe (acting as Sole Coordinator and MLA), Intesa Sanpaolo S.p.A. (acting as SACE Agent and MLA), and BPER Banca Corporate & Investment Banking (acting as Structuring Advisor and MLA). The facility, which matures in March 2031, benefits from a guarantee provided by SACE, in advancement of SACE’s mission to support the international growth of Italian businesses.

 

Together with €495 million of additional term loan A financing and a €490 million increase in commitments under Bending Spoons’ revolving credit facility, the transaction brings the aggregate amount of new and expanded facilities agreed by Bending Spoons from the beginning of the second quarter to €1.49 billion. Both the term loan A financing and the additional revolving credit facility commitments are available for general corporate purposes and acquisitions, with each of the facilities maturing in March 2031.

 

“We are grateful for the continued support of SACE and our financing partners,” said Davide Scarpazza, co-chief financial officer of Bending Spoons. “These arrangements enhance our capital resources and provide additional financial flexibility. Our aim is to maximize long-term value per share, and we remain focused on deploying capital in a disciplined way to generate attractive risk-adjusted returns, primarily through acquisitions.”

 

“Bending Spoons is a strong example of how Italian innovation, combined with exceptional talent density, can compete and grow on a global scale,” said Michele Pignotti, Chief Executive Officer of SACE. “This transaction confirms SACE’s commitment to standing alongside leading Italian companies that invest in innovation, expand into global markets, and contribute to the competitiveness of Italy’s innovation ecosystem.”

 

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About Bending Spoons

 

Bending Spoons is built on the conviction that operational excellence enables efficient growth through acquisitions. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings, and reinvests in additional acquisitions, thereby continuing the compounding cycle. The company has executed this strategy for more than a decade and, to date, has never sold a material business.

 

Bending Spoons strives to envision the most successful version of an acquired business, and works to close the gap between its current state and that vision as quickly and completely as possible. The transformation is typically deep and entails reorganizing teams, overhauling technology, redesigning user interfaces, accelerating product development, and enhancing marketing and monetization. AI is often both a central component of the vision and a key tool in implementing the transformation.

 

Bending Spoons’ performance is driven by its Platform—comprising its people, proprietary technologies, and proprietary data—and reflects an intense focus on achieving exceptional talent density, cultural strength, and technical capabilities.

 

Bending Spoons’ main businesses include AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo, and WeTransfer. In March 2026, the company served over 500 million monthly active users and more than 9 million monthly paying customers.

 

About SACE

 

SACE is Italy’s Export Credit Agency, wholly owned by the Ministry of Economy and Finance. It specializes in supporting the growth of Italian companies through a wide range of instruments and solutions to foster exports and competitiveness, including risk management and protection, financial guarantees, factoring, advisory services, and business matching. With a network of export advisors across 23 offices in Italy and in high-potential markets for Made in Italy, SACE manages a portfolio of insured operations and guaranteed investments worth around €290 billion across 200 markets worldwide.

 

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Forward Looking Statements

 

This press release contains “forward-looking statements” within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended use of the financing facilities, Bending Spoons’ capital-allocation strategy, and potential future acquisitions. Words such as “expect,” “anticipate,” “believe,” “intend,” “may,” “will,” “could,” “should,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

 

Forward-looking statements are subject to risks, uncertainties, and assumptions, many of which are beyond Bending Spoons’ control, that could cause actual results to differ materially from those expressed or implied by such statements. These risks include Bending Spoons’ ability to deploy capital on attractive terms, identify and complete acquisitions, successfully integrate and transform acquired businesses, service its indebtedness, and raise additional capital when required, as well as the other risks described in Bending Spoons’ filings with the U.S. Securities and Exchange Commission. The forward-looking statements in this press release speak only as of its date. Except as required by law, Bending Spoons undertakes no obligation to update or revise them.

 

For more information, visit the Bending Spoons website and investor relations website.

Bending Spoons logos and photographs: media assets

 

Contacts

Investors: investor-relations@bendingspoons.com

Media: press@bendingspoons.com

 

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Filing Exhibits & Attachments

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