Industry: Industrials
Deal Type: Debt Advisory
Closing Date: 2011

Deal Description:
Mediocredito Italiano has granted a long term credit line to Tubettificio Europeo.

Tubettificio Europeo (www.tubettificioeuropeo.com) is an Italian company based in Lecco specialized in the production of packaging materials in aluminum for the cosmetics, pharmaceuticals and foodstuffs sectors. With an annual production of 150 million monobloc cans, 200 million collapsible tubes and 400 million beverage cans, the Company has achieved the leadership in Italy, as well as excellent results on the international markets (50% of production in exported).
Mediocredito Italiano (www.mediocreditoitaliano.com) belongs to Intesa Group and is specialized in providing factoring and medium-term financial solutions. Mediocredito Lombardo is currently the national market leader in factoring and one of the principal international players in credit management in Italy.

Role of Lyra:
Lyra Partners acted as financial advisor to Tubettificio Europeo.

Tasks of Lyra included:

  • Preparation of the company‚Äôs business plan and information memorandum
  • Search for banks willing to provide financial support to the company
  • Assistance in the negotiation and execution of the agreement with Mediocredito Italiano