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MeglioQuesto Seeks Court Approval for Creditor-Backed Debt Restructuring

Story Highlights
  • MeglioQuesto has filed for court approval of a debt restructuring backed by required creditor majorities.
  • Main financial creditor illimity Bank signed the deal, supporting MeglioQuesto’s recovery and stabilization plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MeglioQuesto Seeks Court Approval for Creditor-Backed Debt Restructuring

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Meglioquesto S.P.A. ( (IT:MQSPA) ) has issued an announcement.

MeglioQuesto S.p.A. has filed a petition with the Court of Milan seeking approval of its debt restructuring agreement, marking a key milestone in the execution of its group recovery plan. The agreement has secured the legally required majorities across all creditor categories, and illimity Bank, the company’s main financial creditor, has formally signed on, signaling strong institutional backing. This step concludes the negotiation phase of the recovery plan launched in 2024 and forms part of a broader effort to stabilise the company’s finances, safeguard business continuity, and support the creation of medium- to long-term value for stakeholders, customers and partners.

More about Meglioquesto S.P.A.

MeglioQuesto S.p.A. is an Italian “phygital” marketplace operator that has been active since 2011 and listed on Euronext Growth Milan since 2021. Through a multichannel platform that integrates physical and digital channels, it offers services and products to millions of consumers and to partner companies, mainly top-tier players in the telecommunications, energy, financial and insurance sectors.

Technical Sentiment Signal: Sell

Current Market Cap: €11.37M

See more data about MQSPA stock on TipRanks’ Stock Analysis page.

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