ISP IMPACT LOAN FOR SMES AND MIDCAPS

Promoter – Financial Intermediary

INTESA SANPAOLO SPA

Location

• Italy

Description

The operation consists of a bilateral loan facility / multiple beneficiary intermediated loan (MBIL) to provide of financing to small and medium sized enterprises (SMEs) and mid-caps. 30% of the facility will be dedicated to Climate Action and Environmental Sustainability.

Objectives

The aim is to enhance access to finance for the target beneficiaries. Specific Climate Action related eligibility criteria (based on the project nature) will apply to at least 30% of the allocations.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 500 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 - 28/05/2024