Specchiasol,

Specchiasol - ECA Backed Performance Bond

Borrower (s)
Specchiasol,
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Export & Agency Finance
Country
Italy

Deal Overview

Banco Popolare and SACE (Cassa depositi e prestiti Group) have finalized a € 500,000 line of credit to fund the R&D investments of Specchiasol, a Verona-based SME specialized in the production and marketing of food supplements, cosmetics and herbal medicine...

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Banco Popolare and SACE (Cassa depositi e prestiti Group) have finalized a € 500,000 line of credit to fund the R&D investments of Specchiasol, a Verona-based SME specialized in the production and marketing of food supplements, cosmetics and herbal medicine products.

The loan, issued by Banco Popolare, guaranteed by SACE and counter-guaranteed by EIF, will enable Specchiasol to develop new research and innovation projects to help the company grow internationally

 

This is the latest initiative under the initiative “Programma 2i per l’Impresa” of CDP, SACE and EIF* (EIB Group), which provides Italian SMEs with resources from the Juncker Plan to support their internationalization and innovation projects.

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Deal Volume
$ 500,000
Financial Close
21 November 2016
Sources

All Dealmakers

Tranches


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