Fedrigoni Group announces a further optimization of its capital structure to close on May 20

In light of the solid performance achieved in the first quarter of this year, the Fedrigoni Group is finalizing a further optimization of its capital structure by refinancing its existing Senior Secured Fixed Rate Notes with the issuance of new €430 million 7-year Senior Secured Fixed Rate Notes. In parallel, the Fedrigoni Group is also completing the refinancing of Fiber Midco’s vendor notes and vendor loan with €300 million Senior Holdco Pay-If-You-Can Toggle Notes. The new issuances are expected to close on May 20.

Read the full press release here.