Thursday, August 5, 2021
Home Yachts Superyachts Perini Navi fails: debt restructuring plan rejected

Perini Navi fails: debt restructuring plan rejected

The road to rescue Perini Navi is getting harder and harder. Today, the judges of the bankruptcy court of Lucca have in fact decreed the bankruptcy of the historic Italian sailing brand recognized and appreciated all over the world.

The extreme attempt to restructure the debt presented by Fenix, the holding company of the Tabacchi family that controls Perini Navi, a shipyard led by the president and CEO Lamberto Tacoli, who had recently tried the path of presenting bonds issued by the Blue international fund, is also rejected Skye, made available to issue a convertible loan of 30 million.

Perini Navi, as can be read from the papers, already presented, towards the end of 2019, an overall loss of 80.87 million with a debt exposure that reached 100 million.

Now, as also reported by Milano Finanza which – as far as we know it was the first newspaper to report today the bankruptcy of Perini Navi – the only way to save a brand that “made the history of world boating” (as is law at the end of the documents bearing the sentence), is to proceed with a bankruptcy auction where both Sanlorenzo Spa and the Ferretti Group would be very interested in participating.
Surely today the last page in the history of Perini Navi has not been written.

- Advertisment -

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.


Rolex Fastnet Race: World’s biggest offshore yacht race starts on Sunday

While Cowes Week is taking centre stage on the Solent at present, final preparations are being made for Sunday's start (8th August)...

The California 52 XT, Exclusive: a very special edition

Waterdream's Vripack-designed yacht, the California 52, made its international debut at the World Yacht Trophies in Cannes in July 2020, where it...

The 100th Anniversary of the Star Class will be held in 2022

The 100th Anniversary of the Star Class World Championships will be held next year September 10-17, 2022 in Marblehead, Massachusetts, USA.  ...

Columbus Yachts presents the two new models Atlantique line

Columbus Yachts, a brand of Palumbo Superyachts, presents the two new models Atlantique line from 37 to 55 metres.These innovative projects embody...

Maserati and Soldini ready for the 49th Rolex Fastnet Race

Maserati Multi 70 and Giovanni Soldini are ready to participate in the 49th edition of the Rolex Fastnet Race, organized by the...

At the Argentario the historic schooner Mariette master of naval etiquette

Mariette the big blue steel schooner 32 meters long with her ready crew, the attentive skipper, all the perfect signs ashore assisted...

Azimut Yachts takes a stand-out fleet to the Cannes Yachting Festival

The Cannes Yachting Festival 2021 will be an important demonstration of vitality and energy for Azimut Yachts, which is showing 18 boats...

Besenzoni is back at the Cannes Yachting Festival 2021

The Italian company headed by Giorgio Besenzoni is back at the Cannes Yachting Festival – which will take place from 7 to...

The Italian Sea Group announces its admittance in SYBAss

The Italian Sea Group S.p.A, global operator in the luxury yachting industry, announces its admittance in SYBAss, the Super Yacht Builders Association.

Technohull is ready to wow the 2021 Olympic Yacht Show

Technohull is getting ready to participate in style at the 2021 Olympic Yacht Show (1-5 October 2021). In fact, eight models will...