Thursday April 27th, 2017
Acciaierie Beltrame, recovery plan completed
- 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)
- Signed Financial Agreement for 235 million to refinance the existing debt and to support the new industrial plan
- The Group, post refinancing, will have an overall credit line up to 416 millions of Euro
- UniCredit and Banca IMI (Intesa Sanpaolo) ‘Mandated Lead Arranger’ and ‘Bookrunner’ of the pool of lending banks