Signature(s)
Amount
€ 500,000,000
Countries
Sector(s)
Italy
: € 500,000,000
Credit lines
: € 500,000,000
Signature date(s)
28/05/2024 : € 500,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
28 November 2023
Status
Reference
Signed | 28/05/2024
20230198
Project name
Promoter - financial intermediary
ISP IMPACT LOAN FOR SMES AND MIDCAPS
INTESA SANPAOLO SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation consists of a bilateral loan facility / multiple beneficiary intermediated loan (MBIL) to provide of financing to small and medium sized enterprises (SMEs) and mid-caps. 30% of the facility will be dedicated to Climate Action and Environmental Sustainability.
The aim is to enhance access to finance for the target beneficiaries. Specific Climate Action related eligibility criteria (based on the project nature) will apply to at least 30% of the allocations.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Milestone
Under appraisal
Approved
Signed
28 February 2024
28 May 2024
Link to source
Summary sheet
Other links
Data sheet