UniCredit, UniCredit Leasing and the European Investment Bank (EIB) renew their commitment to support the real economy for the financing for Italian companies mid-caps (between 250 and less than 3000 employees) from the manufacturing and service sectors.
The agreements provide resources for 250 million euro made available by The and the commitment of UniCredit to provide an equal sum, thus increasing up to 500 million euro for the beneficiary companies.
Subject of the loans will be both new projects than those in progressprovided that they have not yet been completed, with a maximum duration of 12 years. The interventions are intended for companies active in all productive sectors: agriculture, handicrafts, industry, commerce, tourism and services.
The two lines of financing agreed with the EIB are as follows:
- 175 million will be intended by UniCredit to mid-cap companies to make tangible and intangible investments and finance working capital.
- 75 million euros will be intended by UniCredit Leasing always to mid-cap companies.
UniCredit and UniCredit Leasing, which are responsible for selecting projects and managing loans to companies, can cover up to EIB funds 12,5 million euro in case of investment projects with value less than 25 million euros, and up to Present in several = 50% for investment projects whose value is between 25 and 50 million euros.
