Safilo

Safilo - State Guaranteed Loan

Borrower (s)
Safilo
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Trade Finance Guarantees/Loans
Country
Italy

Deal Overview

ING acted as MLA together with BNP Paribas, Intesa Sanpaolo and UniCredit in the new Term Loan Facility, 90% guaranteed by the Italian State via SACE S.p.A. The financing is aimed at providing the company with additional liquidity to finance working capital and investment needs for activities...

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ING acted as MLA together with BNP Paribas, Intesa Sanpaolo and UniCredit in the new Term Loan Facility, 90% guaranteed by the Italian State via SACE S.p.A. The financing is aimed at providing the company with additional liquidity to finance working capital and investment needs for activities located in Italy, supporting the business in a period still characterized by a high level of uncertainty surrounding the recovery of the industry.

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Deal Volume
$ 128.09m
Financial Close
15 September 2020
Sources
Submitted by participant(s)

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Tranches


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