Landi Renzo signs creditor debt restructuring deal extending maturities to 2030, with partial EUR 25 million write-off and conversion
Bitget2026/09/23 19:47- Landi Renzo signed a restructuring agreement under Italy’s CCII Art. 56, extending debt maturities to 2030.
- Plan includes about EUR 12 million of partial debt write-offs tied to earn-outs.
- About EUR 13 million of unsecured debt to be converted into hybrid, equity-like instruments.
- Agreement effectiveness hinges on completing a Westport-linked transaction package by Nov. 1, 2026.
- Net debt at June 30, 2026: EUR 102.78 million for the group; EUR 87 million at the parent level.
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