Celli’s Bank Lenders Tap Financial Adviser Ahead of Debt Talks

Bank lenders to Celli SpA have tapped a financial adviser ahead of debt talks with the Ardian-owned company, according to people familiar with the matter.

• The creditors have selected DC Advisory, said the people, who spoke on the condition of anonymity
• A spokesperson for DC Advisory declined to comment
• Celli, an Italian beverage systems and equipment business, is seeking fresh funds after it burned cashin recent years
• The company had around €140 million of bank debt at the end of 2023, provided by institutions including BNP Paribas, Intesa Sanpaolo, UniCredit and Muzinich & Co.

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