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Banco Bpm: 50 million to Inc Spa with Sace guarantee

The transaction involves an unsecured loan of 50 million with a 6-year maturity and is part of the Garante Italia program of Sace

Banco Bpm: 50 million to Inc Spa with Sace guarantee

Bpm bank granted to Inc Spa, Italian general contractor active in the large infrastructure sector, an unsecured loan of 50 million of Euro. The loan has a six-year maturity and is guaranteed by Sace.

Inc Spa is part of the Fininc Group, has an annual turnover of more than 200 million euros and is currently engaged in the construction of the Pedemontana Veneta expressway, a communication artery about 100 kilometers long which crosses the provinces of Vicenza and Treviso. This project alone is worth around 2,3 billion euros.

The loan from Banco Bpm, which aims to support the company's liquidity and ordinary business, is part of the program launched by the institute to support the growth of companies investing in Italy.

"We are aware of the responsibility of supporting an economic fabric represented by more than 2.000 supplier companies - said Matterino Dogliani, president and founder of Inc and of the Fininc group – For this reason we express great satisfaction and gratitude to Banco Bpm”.

“With this operation – he comments Fabrizio Marchetti, head of the North-West Corporate Market of Banco Bpm – Our institute stands alongside Inc spa, one of the Italian excellences not only in the context of a strategic sector such as infrastructures, but active with a leading role in other important economic and industrial fields. The loan, completed within the framework of Sace's Garanzia Italia programme, confirms our desire to concretely participate in the success of Italian companies and in the revitalization of our country's economy”.

"The operation strengthens the relationship already consolidated over time with the group thanks to our support both in Italy and on international projects with different tools - he concludes Enrico Delgrosso, Sace's mid-corporate manager of the North-West - This is, therefore, a new intervention confirming the widespread presence of Sace in the area together with Banco Bpm, bearing witness to our commitment to support the national economy, especially in this such a complex context, ready to contribute to its restart".

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