CLIENT : GIM Generale Industrie Metallurgiche S.p.A.

TRANSACTION: Debt advisory & restructuring

DATE: February 2005

SECTOR: Industrial

Restructuring of the financial debt through the consolidation of medium-long term credit lines and issue of new debt by a pool of banks and capital increase also with the aim of opening the capital of the company to a new shareholder (Intek SpA).

Activities performed: analysis of the industrial plan prepared by the group and definition of a coherent restructuring financial plan;
negotiation and definition of a rescheduling agreement of the exposition with the banking system within the restructuring plan;
negotiation and definition of an agreement for the issue of new debt by the banking system, in order to support the restructuring plan of the group;
assistance, in collaboration with the other consultants, in the operations of support to the execution of the capital increase and of the investment by a new shareholder.

Deal value: € 1,077 million