Hunter

The target is a holding company in financial distress that holds stakes in leading Italian companies in the financial institutions sector and with more than 230 million of Euro in financial debt.
NCO und transaction envisaged:
– on one hand, the purchase at discount to gross book value equal to 70 million of Euro of bank loans held by institutional counterparties towards the target company and, contextually,
– on the other hand, the restructuring of the financial debt of the target, through an agreement with major shareholders and creditors, in order to reschedule the outstanding debt repayments and the allow the company to return back to financial stability.