CLIENT: Aicon S.p.A.

TRANSACTION: Debt advisory & restructuring

DATE: November 2009

SECTOR: Industrial

Restructuring of the financial indebtedness through the rescheduling of circa € 40 million of existing debt and the research of new financial resources.

Activities performed:
definition of a coherent restructuring financial plan;
negotiation and definition of a rescheduling agreement concerning an indebtedness amounting to € 38 million including long term loans and revolving credit facilities;
new financing for € 10 million including long term loans and performance bonds;
loan provided by the majority shareholder for  € 6 million.

Deal value: € 54 million