Milan: important dinner to discuss the debt refinancing

26/01/2018

In a renowned Japanese restaurant in the center of Milan was held the operative/executive meeting between Han Li, Marco Fassone and two other members of Milan’s Board of Director: the Lawyer Roberto Cappelli and the Manager Marco Capuano.The new element is represented by the attendance of Franco Carlo Papa, President of the Audit Board and President of the consulting firm PGSConsulenti, specialized in corporate debt restructuring. The presence of Mr.Papa is connected to the financial side of the club and to the refinancing of the Elliott debt (303 mln), that will have to be paid backwithin October2018; specifically, the possibility to work with the Investment Bank BofA Merrill Lynch was discussed in order to find the right investor, in lightof the withdrawal of the fund Highbridge’s proposal.

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