Ferretti: finalizes debt restrucuring

On 22 July 2009 Ferretti Group, one of the world leaders in the design, construction and sale of motoryachts, has finalised its debt restructuring, together with the change in its shareholding structure. The Group's equity is now held by Norberto Ferretti and the Group's management (38.2%), Mediobanca (8.8%) and senior and mezzanine lenders (for a total of 53% in exit participation rights).

As a result of the transaction, Norberto Ferretti, the Group's management and Mediobanca hold 100% of the Group's voting rights.

Mediobanca acted as equity provider and sole advisor to Ferretti Holding, the newCo incorporated to carry out the acquisition, as well as Credit Support Provider Representative and Coordinator of the Credit Support Providers Coordinating Committee.
 

Last update: 15/07/2016 - 11:33