Micoperi spa, a provider of services for the oil&gas offshore sector that belongs to the Bartolotti Family since 1996 signed a restructuring agreement with Milan-listed illimity Bank on the ground of a business plan for 2023-2028 that Mazars Italia drafted and for which Paolo Carbone provided a certification (see here a previous post by BeBeez). See here the meeting notes and the business plan available for the subscribers to BeBeez News Premium and BeBeez Private Data. The company also received from illimity a 15 million credit line and a factoring facility of 10 million.
Italian TMT company Telebit acquired the digital services unit of Alpitel (part of PSC) and retained RLR and Gianni & Origoni as advisors (see here a previous post by BeBeez). The transaction is part of the restructuring plan of PSC which is in receivership from June 2022 and will meet its creditor in September 2023.
Sorec, an Italian credit management company, acquired portfolio of NPEs with a gross value of 100 million euros from an undisclosed financial firm (see here a previous post by BeBeez). Sorec’s NPL portfolio is now worth 1.2 billion (+11% yoy). Massimiliano Ingrosso is the ceo of Sorec.
Italo Sicav, a Malta – based vehicle, sold to Hoist Italia, a subsidiary of Swedish Hoist Finance, a portfolio of NPEs worth 100 million euros (Prometheus) (see here a previous post by BeBeez). Gruppo Frascino and Swiss Zarattini Bank founded Italo Sicav in 2015. Gamma Capital Markets manages the vehicle that has assets under management for 3.7 billion.
