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Reference: 20100117
Release date: 14 April 2010

Promoter – Financial Intermediary

Mediocredito Italiano S.p.A. (MI) for MLT lending and Leasint S.p.A. (Leasint) for leasing schemes, under a co-debtorship structure with the group’s parent bank Intesa Sanpaolo S.p.A.

Location

Description

EIB loan to finance SME investments throughout Italy via medium to long-term lending and leasing schemes.

Objectives

The facility will finance investments of SMEs for at least 70% of the facility amount. The balance could also be utilised to finance other private promoters of eligible projects in the energy, environment and knowledge economy sectors.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 300 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

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

Procurement

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

Status

Signed - 25/06/2010

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).

Related tags

Italy Credit lines