R&S Advisory advisor to PM Oil & Steel in the negotiation with Banks of the renewal of the revolving facilities and exit the bank debt restructuring agreement pursuant to art. 67 of the Italian Insolvency Law signed in March 2018.
€24,000,000 debt back to performing status.
Cranes & Aerial Platforms – Industrial
PM Oil & Steel S.p.A. is a leading Italian manufacturer of truck mounted hydraulic cranes (under the brand “PM”) and high-quality platforms for overhead work (under the brand “Oil & Steel”).
Headquartered in Modena, PM Group has a strong presence abroad through direct sales offices in North America, Argentina, Chile, Mexico, England, France, Spain, Germany, Russia and Singapore.