Release date: 14 April 2010
Promoter – Financial Intermediary
Mediocredito Italiano S.p.A. (MI) for MLT lending and Leasint S.p.A. (Leasint) for leasing schemes, under a co-debtorship structure with the group’s parent bank Intesa Sanpaolo S.p.A.
Location
Description
EIB loan to finance SME investments throughout Italy via medium to long-term lending and leasing schemes.
Objectives
The facility will finance investments of SMEs for at least 70% of the facility amount. The balance could also be utilised to finance other private promoters of eligible projects in the energy, environment and knowledge economy sectors.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.
Status
Signed - 25/06/2010