Thursday April 27th, 2017

Acciaierie Beltrame, recovery plan completed

  1.  EBITDA 2016 at 86 mln (64 mln in 2015 and 31 mln in 2014), net financial position at 165 mln (229 mln in 2015 and 274 mln in 2014)
  2.  Signed Financial Agreement for 235 million to refinance the existing debt and to support the new industrial plan
  3. The Group, post refinancing, will have an overall credit line up to 416 millions of Euro
  4.  UniCredit and Banca IMI (Intesa Sanpaolo) ‘Mandated Lead Arranger’ and ‘Bookrunner’ of the pool of lending banks