Socab srl’s proposed debt restructuring plan has been approved. With a long history of serving the construction industry in the Marche region, Socar is involved in mining and processing of aggregates from quarries, as well as public works projects such as roads, bridges and viaducts.
The company has also negotiated a tax settlement under Article 182-ter of the Finance Law as part of the debt restructuring plan.
Marina Magrì, Of Counsel at the law firm Morri Rossetti, acted as financial advisor, assisting with financial structuring, plan drafting, and negotiations with financial groups, Italy’s Revenue Agency and other creditors. Mr Andrea Stefani was the appraiser, and Studio CBA served as legal advisor on the transaction.