Almost two years after the implementation of the platform (during which Pillarstone acquired portfolios of receivables vis-à-vis several Italian companies for a total nominal value exceeding Euro 970 million), today the platform became the assignee of a further portfolio of receivables with regard to Rizzo-Bottiglieri-De Carlini Armatori (RBD) a company operating in the maritime and shipping industry sector.
The Pillarstone team made use, among other things, of the tools made available by Italian law 130 of 1999 implementing a complex securitization program aimed at acquiring receivables with a total nominal value in excess of Euro 510 million.
After the onboarding of Premuda, with RBD the Pillarstone platform consolidates its important presence in the shipping industry.