BPS AGRI LOAN FOR SMES AND MIDCAPS

Promoteur – Intermédiaire Financier

ACCEPTABLE BANK(S),BANCA POPOLARE DI SONDRIO SPA

Lieu

• Italie

Description

The operation consists in a lending facility in the form of a covered bond to Banca Popolare di Sondrio (BPS) along other eligible financial institutions in Italy under a system of double intermediation in order to have regional capillarity and achieve a minimum of 30% of cohesion target (on best effort basis).

Objectifs

The aim is to support investments and working capital needs of small and medium-sized enterprises (SMEs) and mid-caps operating in the agricultural and bioeconomy sectors. At least 30% will be used to finance eligible Climate Action and Environment Sustainability sub-projects.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 200 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.

Passation des marchés

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Statut

Signé - 26/03/2025