Binario S.p.A., a leading construction company in the North East of Italy, reached an agreement with Release S.p.A, which is owned by the Banco BPM Group, aimed at allowing, in the form of a recovery plan pursuant to art. 67, paragraph 3 d) of the bankruptcy law, the recovery of the debt exposure and the rebalancing of the company’s financial situation, through the reshaping of its debt and the future sale of certain real estate assets.
For Binario, Gattai Minoli Agostinelli Partners acted as their Legal Advisors and Crowe Bompiani as their Financial advisors.
Read the press release HERE