Trevi Fin Industriale

Capital/Financing Update • Oct 24, 2022

Informazione Regolamentata n. 0262-41-2022		Data/Ora Ricezione 24 Ottobre 2022 17:46:56	Euronext Milan
Societa'	:	TREVI GROUP
Identificativo Informazione Regolamentata	:	168504
Nome utilizzatore	:	TREVIN04 - Sala
Tipologia	:	REGEM
Data/Ora Ricezione	:	24 Ottobre 2022 17:46:56
Data/Ora Inizio Diffusione presunta	:	24 Ottobre 2022 17:46:57
Oggetto	:	AMENDMENT TO THE TERMS AND CONDITIONS OF THE BOND "TREVI FINANZIARIA INDUSTRIALE S.P.A. 2014 – 2024"
Testo del comunicato

Vedi allegato.

AMENDMENT TO THE TERMS AND CONDITIONS OF THE BOND "TREVI-FINANZIARIA INDUSTRIALE S.P.A. 2014 – 2024"

Cesena (FC), October 24th, 2022 - The Bondholders' Meeting of the Bond named "TREVI-FINANZIARIA INDUSTRIALE S.P.A. 2014 - 2024" ISIN CODE IT0005038382 (the "Bond"), held today on first call, approved the change of the maturity date of the Bond from 31 December 2024 to 31 December 2026 in order to align the maturity date of the Bond with the maturity date that is expected to be applied to most of the financial debt owed to banks as part of the Financial Restructuring 2022 (as defined below), as well as to make this repayment consistent with the Company's current situation and the forecasts of the 2022-2026 business plan (the "Plan 2022-2026").

In particular, the extension of the duration of the Bond is part of the overall transaction for the restructuring of the indebtedness and the strengthening of the equity of the TREVI Group, the main terms of which have already been communicated to the market (see, lastly, the press release published by the Company on 30 September 2022 available on the Company's website at www.trevifin.com, Investor Relations/Press Releases section). This transaction (the "Financial Restructuring 2022") will be implemented within the framework of an agreement based on a certified recovery plan pursuant to Article 56 of the Italian Legislative Decree No. 14 of 12 January 2019 (the so-called Crisis and Insolvency Code or "CCII"), which is expected to be signed during next November 2022 (the "New Restructuring Agreement").

The further amendments to the Bond's terms and conditions approved by today's Bondholders' Meeting are changes that merely align the regulation with the current situation, aimed in particular at updating the definitions and further references, so that they include the applicable references to the New Restructuring Agreement, the Financial Restructuring 2022 and the Plan 2022-2026.

It should be noted that the effectiveness of the amendments to the Bond's terms and conditions indicated above is subject to the failure to execute the New Restructuring Agreement and/or the non-occurrence of the closing of the Financial Restructuring 2022 by the mandatory deadline of 31 March 2023.

The text of the Bond's terms and conditions as amended following the resolution of the Bondholders' Meeting is available on the Company's website at https://www.trevifin.com/en/bondholders-meeting.

The minutes of the Bondholders' Meeting and the summary report of the voting will be made available to the public pursuant to the procedures and within the deadline established by the applicable regulatory provisions.

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About Trevi Group:

Trevi Group is a worldwide leader in the field of soil engineering (special foundations, soil consolidation, recovery of polluted sites), in the design and marketing of specialized technologies in the sector and in the construction of automated, underground and multi-storey car parks. The Group was established in Cesena in 1957; it has around 70 companies and, with its dealers and distributors, is present in 90 countries. Internationalization, integration and the continuous exchange between its two divisions are among the reasons for the success of the Trevi Group: Trevi, which carries out special foundations and soil consolidation works for large infrastructure projects (subways, dams, ports and docks, bridges, railway and highway lines, industrial and civil buildings) and Soilmec, which designs, manufactures and markets machinery, systems and services for underground engineering.

The parent company Trevi – Finanziaria Industriale S.p.A. (TreviFin) has been listed on the Milan stock exchange since July 1999. Trevifin is listed on Euronext Milan that supersedes the old term MTA, as a result of the market rebranding activities that followed the acquisition of Borsa Italiana by Euronext N.V.

For further information: Investor Relations: Massimo Sala - e-mail: investorrelations@trevifin.com Group Communications Office: Franco Cicognani - e-mail: fcicognani@trevifin.com - T. +39 0547 319503 Press Office: Mailander Srl - T. +39 011 5527311 Carlo Dotta – T. +39 3332306748 - c.dotta@mailander.it Federico Unnia - T. +39 3357032646 – federico.unnia@libero.it