Transaction Highlights:
May 2024
R&S Advisory advised S.A. Giuseppe Cristini S.p.A. and Feltri Marone S.p.A. in negotiating with banks the terms and conditions of a bank debt rescheduling agreement pursuant to art. 56 of the Italian Insolvency Law.
€25,000,000 debt rescheduled
Company Overview:
Pulp & Paper – Textile
Giuseppe Cristini operates in the paper and textile industry and is specialized in the Paper Machine Clothing (PMC) sector, producing materials that paper mills use for paper production. The company supplies the entire range of PMC products (forming, press and dryer fabrics, and diagnostic systems) to leading paper manufacturers.