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    Reference: 20200269
    Release date: 29 April 2020

    Promoter – Financial Intermediary

    UNICREDIT LEASING SPA,UNICREDIT SPA

    Location

    Description

    The project consists of a loan helping small and medium sized enterprises (SMEs) and Midcaps to conunter the impact of the COVID-19 epidemic. This is part of the EIB contribution, in cooperation with Member States and the European Commission, in mitigating the negative economic impact of the virus outbreak.

    Objectives

    The operation aims at supporting working capital and liquidity needs of SMEs and Midcaps affected by thea COVID-19 epidemic.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 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 - 6/08/2020

    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