Green light for Sace's guarantee for the loan for Fincantieri

Gualtieri: "support for a strategic company for our country"

The Minister of Economy and Finance, Roberto Gualtieri, signed the implementing decree that makes the Sace guarantee operational to cover 70% of the 1,15 billion euro loan signed by Fincantieri with a pool of Italian banks.

The guarantee falls within the scope of the specific procedure provided for by the Liquidity Decree, relating to loans in favor of large companies (with over 5.000 employees in Italy or with a turnover value exceeding 1,5 billion euros) and was granted through the 'Guarantee Italy' (the instrument put in place by Sace to support Italian companies affected by the Covid-19 emergency),

"With this operation, a company and a strategic sector for the economy of our country are supported, with an occupational weight and repercussions on the related industries that are relevant for the entire Italian industry", commented the Minister of Economy and Finance. Roberto Gualtieri.

 

Green light for Sace's guarantee for the loan for Fincantieri

| Economics, EVIDENCE 3 |