Telecom Italia (TIM)

Telecom Italia - SACE Covered Loan

Borrower(s)
Telecom Italia (TIM)
Industry
Telecoms and Communications/Cellular / mobile infrastructure
Area of finance
Export & Agency Finance
Region
Europe
Europe
Countries
Italy

Deal Overview

The Italian Treasury has guaranteed a €2 billion bank credit line for Telecom Italia, in support of the phone company’s turnaround. The loan bolsters TIM’s finances the debt-challenged group as it decouples its infrastructure from its services businesses. TIM and the treasury...

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Deal Volume
$2.07bn
Financial Close
06/07/2022
Dealmakers
Angela Vignoli

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Luca Lunari

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Stefano Stompanato

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Sources

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Tranches

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