Pro-Gest Signs Debt Restructuring Agreement with Creditors

Pro-Gest S.p.A. announced binding agreements with financial creditors to restructure group debt, supporting recovery and business continuity. The term sheet includes debt maturity extension to 2030 (extendable to 2032 at creditors' discretion), rate adjustments, partial interest cancellation, and asset sales for €80 million capital repayment.

Key terms feature expanded guarantees and a defined disposal plan for real estate and select units. This follows the successful close of the negotiated crisis procedure (CNC), with advisor Giampaolo Provaggi overseeing negotiations. Pro-Gest maintains operational continuity across sites, amid prior extensions and asset transactions like Scart Imballaggi sale.​

Angelo Rodolfi, Chief Restructuring Officer, stated the process preserves company value for stakeholders, with focus now on finalizing and executing the plan.​