The Italian Aeffe SpA announced in a statement on May 22, 2026 that an application had been filed with the court in Bologna. This aims to obtain approval to raise senior loans to meet the company’s liquidity needs. The measure comes as part of the group’s negotiated crisis management process.
Specifically, the management of the company, which also includes the brands Alberta Ferretti, Moschino and Pollini, applied to the court in Bologna for approval to take out a bullet loan of up to 20 million euros from illimity Bank. The maximum term should be 18 months and two days. The conditions provide for the 3-month Euribor with a zero lower limit plus a margin of twelve percent. In addition, the loan should be given priority. If approved, it would be backed by a guarantee package that includes, among other things, a pledge of the Moschino and Alberta Ferretti brands.
Extension of the crisis management procedure
In connection with the negotiated crisis management procedure, which Aeffe SpA and Pollini SpA joined on October 2, 2025 and which expires on June 6, 2026, the company also announced: “On May 25, 2026, the said companies submitted to the expert Riccardo Ranalli, in accordance with Article 17, paragraph 7 of the Crisis and Insolvency Code, a request for consent to the extension of the negotiated Crisis management procedure submitted by the final date of October 4, 2026”.
In addition, Aeffe and Pollini have filed a request with the Bologna court for selective protective measures under Article 19 of the Crisis and Insolvency Code. The aim is to protect the company’s assets from individual access and thus ensure the successful completion of the restructuring process in the interest of the creditors. The duration of the measures is linked to the requested extension of the crisis management procedure.
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