Release date: 26 September 2012
Promoter – Financial Intermediary
Unione di Banche Italiane S.c.p.A. ("UBI") and its subsidiaries in co-debtorship with the parent (UBI).Location
Description
Financing of small and medium-sized projects carried out by small and medium sized enterprises as well as mid-caps.
Objectives
Improving access to term finance at favourable conditions, this dedicated EIB loan will finance SME investments throughout Italy via term loans and leasing schemes in the industry, services and tourism, for at least 70% of the total amount. The balance could finance eligible projects under the knowledge economy, convergence, energy and environment objectives as well as midcaps.
Comments
N/A
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 28/11/2012
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).