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EMILIA ROMAGNA EARTHQUAKE GL

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Italy : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
15/10/2012 : € 25,000,000
29/11/2012 : € 35,000,000
25/10/2012 : € 40,000,000
14/09/2012 : € 50,000,000
7/12/2012 : € 50,000,000
Link to source

Summary sheet

Release date
25 June 2012
Status
Reference
Signed | 14/09/2012
20120301
Project name
Promoter - financial intermediary
EMILIA-EARTHQUAKE RECONSTRUCTION GL
Regional and national acceptable banks as well as leasing companies.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable.
Location
Sector(s)
Description
Objectives

Global loan to finance eligible small and medium size reconstrucion and/or safety projects in the public and private sectors, impacted by the recent earthquakes in Emilia Romangna.

Reconstruction of public infrastructure and the rebuilding of much of the industrial sector and agriculture infrastructure in the Emilia Romagna provinces. This would contribute to reducing possible industrial relocation and facilitating a quick restart of their activities.

Environmental aspects
Procurement

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

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

Comments

N/A

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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