Release date: 28 November 2023
Promoter – Financial Intermediary
INTESA SANPAOLO SPALocation
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
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).