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    Signature(s)

    Amount
    € 600,000,000
    Countries
    Sector(s)
    Italy : € 600,000,000
    Credit lines : € 600,000,000
    Signature date(s)
    22/05/2013 : € 600,000,000
    Link to source

    Summary sheet

    Release date
    20 November 2012
    Status
    Reference
    Signed | 22/05/2013
    20120474
    Project name
    Promoter - financial intermediary
    CDP EMILIA EARTHQUAKE RECOVERY GL
    CASSA DEPOSITI E PRESTITI S.p.A.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 600 million
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    A loan to Cassa depositi e prestiti S.p.A. ("CDP") aimed at partially supporting the initiative of the Republic of Italy provided under Law no. 135 of 7th August 2012 for the reconstruction and restoration of residential and industrial buildings affected by the earthquake of May 2012 in Emilia and neighbouring provinces.

    Improving access to term finance at favourable conditions, the proposed loan is fully consistent with the EU objectives. It provides the Bank’s support to eligible projects promoted by SMEs and public entities in the area affected by the earthquakes.

    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.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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