GLAS acts as Agent on €180m financing for Trevifin

GLAS is pleased to support Trevi – Finanziaria Industriale S.p.A., a company listed on the Milan Stock Exchange and a global leader in underground engineering, acting as Agent on a €180 million medium-to-long-term bank financing.

The GLAS Italy team, which had previously acted as Agent under the group’s restructuring agreement, continued to support the company in this new phase, assisting in the execution of the financing alongside a pool of leading financial institutions.

The transaction forms part of a broader financial package approved by Trevifin’s Board of Directors, including a €100 million capital increase, aimed at completing the group’s exit from the restructuring process initiated in 2022 and supporting the strategic relaunch of its business.

In connection with the transaction, Trevifin was advised by Molinari as legal advisor, while Mediobanca acted as financial advisor. The financial creditors were advised by Linklaters.

About trevifin

Trevi – Finanziaria Industriale S.p.A. is the holding company of the Trevi Group, an international player in underground engineering services, with core expertise in special foundations, geotechnical works and soil consolidation.

The group operates globally, with an established presence in numerous countries, and supports complex infrastructure projects across sectors including energy, transportation and construction, delivering high value-added engineering solutions.

About GLAS

Founded in 2011, GLAS is a leading independent global provider of debt administration services. As a non-lender and conflict-free firm, GLAS supports both private and public credit markets, distinguishing itself through its expertise, reliability and independence.

With over $850 billion of assets under administration, GLAS is headquartered in London and has an established international presence, with offices in the United States, France, Germany, Spain, Italy, the United Arab Emirates, Singapore, Hong Kong and Australia.

For further information, please contact: media@glas.agency.