Dondup

Ethica Debt Advisory advised L Capital, private equity fund, in restructuring Dondup’s medium-long term debt

Ethica Debt Advisory advised L Capital, private equity fund, in restructuring medium-long term debt of subsidiary Arcadia, a company from Marche that owns “Dondup” clothing brand, acquired in 2010.

The operation is intended to refinance existing debt in order to optimize financing structure and to obtain the flexibility necessary for the growth strategy.

Massimo Berloni, founder and CEO of Dondup, commented: “The operation allows us to have the flexibility to focus first on the development of nearby markets such as Germany, France and UK, then, with a further step, we will also aim to the farthest markets”.