we receive e we publish the following Press release spread by Tyche Bank.
Tyche Bank, a bank specializing in insolvency proceedings, corporate finance, tax credit acquisition, and NPL and UTP management, confirms its commitment to supporting Italian businesses with a significant transaction: the disbursement of €2 million to Gabba Dieci Srl, aimed at enabling the early exit from a certified Recovery Plan pursuant to Article 56 of the Italian Civil Code.
Founded in Milan in 2013, Gabba Dieci operates in the real estate sector, specializing in property sales, renovations, and enhancements. Thanks to the support of Tyche Bank, the company will successfully complete its restructuring process and embark on a new phase of development.
The financing, combined with the results of its core business, allows Gabba Dieci to achieve an early return to performing status, with full repayment of its existing debt and a strengthening of its financial strength. This transaction represents not only immediate support but also an investment in business continuity and the long-term recovery of operations.
“This operation – underlines Ubaldo Soligno, Head of Special Situations at Tyche Bank – fully embodies Tyche Bank's mission: to support Italian companies during the most challenging moments of their lives, offering concrete and timely solutions for financial recovery and operational revitalization.
We are proud to have supported Gabba Dieci Srl with a targeted loan for the early exit from a certified recovery plan pursuant to Article 56 of the Italian Civil Code. This loan will allow the company not only to successfully complete its restructuring process but also to strengthen its market position.
We strongly believe in the value of business continuity and in the ability of Italian entrepreneurship to renew and grow. Transactions like this demonstrate how specialized finance tools can be a concrete driver of recovery and development, with a view to long-term sustainability.
With the support of Tyche Bank, Gabba Dieci will benefit from an improved credit rating, renewed access to credit, and stronger relationships with strategic suppliers and customers, thus marking a full return to normal operations and reputation.
During the operation:
Giovanardi Studio Legale assisted Tyche Bank as legal advisor, with a team composed of Filippo Cantalamessa, Simona Crippa and Pasquale Palermo;
Signature Finance acted as financial advisor with a team composed of Alessandro Riggio, Nicola Ribolla and Gianmarco Battista;
Maccabruni & Partners acted as legal advisor to Gabba Dieci, with a team led by Franco F. Maccabruni.
Tyche Bank Profile
Tyche Bank is a banking institution with headquarters in Bologna, Milan, and Messina, and operations throughout Italy. It is a local bank with strong specialized expertise in corporate finance, distressed credit, and insolvency proceedings, operating in several distinct, complementary, and synergistic business lines. www.tychebank.it
