Reference: 20200072
Release date: 26 February 2020

Promoter – Financial Intermediary

INTESA SANPAOLO SPA

Location

Description

The operations is a dedicated EIB loan to finance eligible Midcap investments. At least 30% of the operation will be dedicated to innovative Midcaps in the framework of the Piano Nazionale Impresa 4.0 launched by the Italian government in February 2017. This operation will also contribute to mitigate the negative economic effects of the coronavirus Covid-19 as a large portion of the new Midcap portfolio will be originated in the severely affected regions: Lombardy, Veneto and Emilia Romagna.

Objectives

The loan will improve access to term finance at favourable conditions for small and medium-sized projects carried out by midcaps. At least 30% of the operation will be dedicated to innovative enteprises.

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 - 9/07/2020

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).

Related tags

Italy Credit lines