Majority of voting creditors said yes to Tirrenia Cin’s debt restructuring plan

July 21, 2022

Moby Spa announced that “following the agreements reached with the main creditor of its

subsidiary CIN Spa, Tirrenia di Navigazione in Extraordinary Administration (Tirrenia in

A.S.), the Paraconcordatario Agreement was signed on July 14, 2022, the effectiveness of which is subject to the homologation by the Court of Milan.”

With the vote favourable expressed by Tirrenia in AS on the CIN Composition Plan both the

majority of voting creditors up to 96% and the majority of the voting classes of creditors were obtained, Moby specified.