Italy

The European Investment Bank (EIB) and STMicroelectronics (NYSE:STM, “ST”) have signed a €500 million financing agreement to boost Europe’s competitiveness and strategic autonomy. This represents the first tranche a broader €1 billion credit line recently approved by the EIB in favour of STMicroelectronics, a leading semiconductor manufacturer with a strong footprint in Europe including Italy, France and Malta and serving the automotive, industrial, personal electronics, and communication infrastructure markets.

Viveracqua has completed its sixth bond issue of €200 million as part of the Hydrobond initiative. This most recent placement brings the total investment mobilised to modernise and improve the efficiency of Veneto’s integrated water service infrastructure to €2.4 billion since 2014. The issuance was fully subscribed by the European Investment Bank (EIB), with SACE’s Archimede guarantee. Banca Finint, alongside Cappelli Riolo Calderaro Crisostomo Del Din & Partners, acted as arranger and placement agent.

The European Investment Bank (EIB) has signed a €70 million Scale-Up Debt financing agreement with Scalapay, an Italian fintech founded in 2019 and now among Europe’s leading players in the Buy Now Pay Later (BNPL) sector.