CBA advises BCC Banca Iccrea and BCC Roma on financing transaction for Marinedi Group

CBA Studio Legale e Tributario advised BCC Banca Iccrea and BCC Roma on the negotiation and structuring of a complex financing transaction for Marinedi, aimed at supporting the acquisition of a financial exposure held by a securitisation vehicle managed by the Prelios Group against its subsidiary, Tigullio Shipping S.p.A.

The transaction enabled Marinedi to complete the financial restructuring of Tigullio Shipping, the concession holder for the expansion of the Port of Chiavari, which had previously been acquired as part of a restructuring process initiated by its former shareholders. The transaction resulted in the full repayment of the company’s financial exposure.

CBA advised the financing banks on the structuring of the financing transaction and on the drafting and negotiation of the related finance documentation.

CBA also advised Marinedi on the drafting and negotiation of the documentation relating to the acquisition of the financial exposure towards its subsidiary, Tigullio Shipping S.p.A.

CBA’s team was led by Partner Francesco Dialti and included Senior Associate Vincenzo Cimmino and Associate Lucrezia Ghezzi.