Liberty Magona SRL

Liberty Magona SRL - SACE Covered Loan

Borrower (s)
Liberty Magona SRL
Industry
Metals and Mining/Base metals
Area of finance
Export & Agency Finance
Country
Italy

Deal Overview

The firm, Liberty Magona SRL, secured a guarantee from SACE, Italy’s state-controlled export credit agency, for the loan under measures to help companies navigate the coronavirus crisis. Piombino-based Liberty Magona, which makes galvanized steel, said the three-year loan was taken out in late...

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The firm, Liberty Magona SRL, secured a guarantee from SACE, Italy’s state-controlled export credit agency, for the loan under measures to help companies navigate the coronavirus crisis. Piombino-based Liberty Magona, which makes galvanized steel, said the three-year loan was taken out in late August last year to strengthen its finances at a time when it was facing weaker demand for its products due to the pandemic. 


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Deal Volume
$ 102.68m
Financial Close
19 March 2021

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