Ethica Debt Advisory assisted the management of Inox Market Service S.p.A. in issuing bonds with 7 years maturity that have been underwritten, on an equal share basis, by Veneto Sviluppo S.p.A. and Friulia S.p.A., with the purpose of supporting the production efficiency improvement and the consolidation of the Group’s positioning in its end markets, as well as the remodelling of its financial structure.
Inox Market Service Group is specialized in the superficial processing of steel, with a focus on the activities of cutting and treatment of plates and tapes made of stainless steel, for the domestic appliances, furniture and building industries. The Group operates in Italy and Mexico and in 2018 registered consolidated revenues for € 155 million.