Reno de Medici (RDM) has taken an important step in strengthening its financial position after securing support from its main shareholder and investors holding more than 85% of its outstanding debt.
On 16 July 2026, the company signed a binding Transaction Support Agreement with its shareholder and holders representing 85.43% of its €600m Sustainability-Linked Senior Secured Notes due in 2029. The agreement supports a comprehensive recapitalisation of the business.
The recapitalisation is a restructuring of RDM’s finances designed to create a stronger and more sustainable capital structure. This could involve changes to how and when debt is repaid, reducing overall debt levels or converting some debt into equity, helping to improve the company’s long-term financial stability.
By securing the backing of investors representing more than 85% of its outstanding notes, RDM has gained significant support for the proposed restructuring, increasing the likelihood that the recapitalisation can be implemented successfully.
The move is intended to place the company on a stronger financial footing, providing greater flexibility to support its operations and future strategic priorities.
