BIM
CLIENT: Banca Intermobiliare di Investimenti e Gestioni
TRANSACTION: Capital markets; Debt advisory e Restructuring
DATE: December 2018
SECTOR: Financial institutions

Mandate: Financial and professional advisory to Banca Intermobiliare di Investimenti e Gestioni within the context of recapitalization of €121 million, including a rights issue on the Milan stock exchange of €91 million, and the sale and derecognition of the entire non performing exposure portfolio with a GBV of €601 million at a price of €148 million

Activities performed:

  • assistance in the economic and financial analyses;
  • assistance in defining the structure and the terms of transaction;
  • assistance in the sale and derecognition of the entire non performing exposure portfolio.

Deal value: €121m for the rights issue + €148m for the sale of non performing exposures