Oaktree-owned Banca Progetto put under special administration in Italy
Bank of Italy has placed Banca Progetto, a small privately held lender owned by investment firm Oaktree Capital Management, under special administration and appointed independent administrators to run ...
Oaktree’s Banca Progetto Under Bank of Italy Administration
The Bank of Italy has started a special administration procedure for Oaktree Capital Management LP’s Banca Progetto SpA and appointed independent managers to run its operations.
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Ignazio Messina targets container ship newbuildings after sealing $50m financing
Italy’s Ignazio Messina is planning fleet renewal with newbuildings after agreeing a financing deal worth up to $50m.