CLIENT: Leali S.p.A. in Liq., Acciaieria Valsugana S.p.A. in Liq.

TRANSACTION: Debt advisory & restructuring

DATE: February 2014

SECTOR: Industrial


Assistance in debt restructuring through the Composition with creditors procedure (“Concordato Preventivo”; a procedure provided by the Italian bankruptcy law).

Activities performed:
assistance in the analysis of the economic and financial situation of the Group;
definition of the restructuring financial plan (“Piano Concordatario”);
assistance in the preparation of the application for Composition with creditors;
assistance in the preparation of other documentation required by the Court;
assistance in the negotiation and definition of the sale of operating activities of the Group to a third party investor;
support and coordination of the activities of the other consultants involved in the transaction.

Deal value: approx. € 120 millions (restructured debt), € 40 millions (distressed M&A)