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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Italy : € 500,000,000
    Credit lines : € 500,000,000
    Signature date(s)
    8/05/2014 : € 500,000,000

    Summary sheet

    Release date
    8 October 2013
    Status
    Reference
    Signed | 08/05/2014
    20130009
    Project name
    Promoter - financial intermediary
    CDP LOAN FOR SMES AND RETI DI IMPRESA
    CASSA DEPOSITI E PRESTITI
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Dedicated EIB facility to finance small and medium size eligible investments promoted by SMEs and / or Mid-caps. One or more tranches might be specifically allocated to SMEs and / or Midcaps belonging to the so called Reti d'Impresa (enterprise networks).

    It is expected that more than 50% of the loan will be used to finance SMEs. From past experience, the main sectors targeted should be: (i) industry; (ii) trade, transport and tourism and (iii) construction. This loan aims at supporting growth and employment in Italy.

    Environmental aspects
    Procurement

    In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require such intermediary institution to take all the requisite measures to ensure that the environment and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances will comply with the relevant EU legislation and the applicable national legislation.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Disclaimer

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

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