Eversheds has advised a pool of Italian banks led by Unicredit S.p.A. on a debt restructuring agreement for San Giorgio S.r.l and its Group of companies, including New Jersey Srl and Imprenditori Riuniti S.p.A.

The financial restructuring covered in particular the restructuring of senior loan facilities for the development and construction of the shopping mall "Le Centurie " located in San Giorgio delle Pertiche (PD), Italy, and was supported by the "San Giorgio Financial Plan 2013-2027," prepared by the management of the company.

The Eversheds team was led by Marco Franzini, partner at head of private equity and banking at Eversheds Bianchini.

Marco Franzini said:
"The recovery and rebalancing of the financial exposure of the "Le Centurie" shopping mall in Padua achieved with this operation represents one step forward in the direction of the successful co-operation between banks and businesses, that sees our Firm as legal player of the structuring and documentation of the relevant contractual agreements."

Giuseppe Celli, managing partner of Eversheds Bianchini, said:
"This operation confirms the growing presence of our Firm in providing qualified legal advice related to debt restructuring of mid-corporate operations in Italy”.