Riso Scotti

Riso Scotti - SACE Covered Financing

Borrower (s)
Riso Scotti
Industry
Agri/Soft Commodities/Grains
Area of finance
Export & Agency Finance
Region
Europe
Countries
Italy

Deal Overview

SACE has backed a €7 million loan to Riso Scotti, an Italy-based European rice-food industrial group. The five-year loan is aimed at supporting the Pavia-based group's three-year investment plan with a view to automation and innovation. It is a "sustainable future" loan - the...

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SACE has backed a €7 million loan to Riso Scotti, an Italy-based European rice-food industrial group. The five-year loan is aimed at supporting the Pavia-based group's three-year investment plan with a view to automation and innovation. It is a "sustainable future" loan - the range of products for companies that are committed to improving their sustainability profile - and enjoys a benefit on the initial rate related to two parameters: reduction of CO2 emissions and provision of training to employees on ESG topics. The financing is supported by Guarantee SupportItalia, the instrument of SACE Group provided for by the Aid Decree to support the liquidity and investment needs of Italian companies impacted by the Russian-Ukrainian conflict.

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Deal Volume
$7.71m
Financial Close
01 August 2023
Sources
Submitted by participant(s)

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