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Sviluppo Export Fund € 175 Million From EIB Guaranteed by SACE

SACE, European Investment Bank and Amundi are announcing the finalization of a € 175 million loan for the "Sviluppo Export" Fund, the fund formed at the initiative of SACE to sustain growth and open the Italian market to sources of funding additional to the banking channel. 

The loan, issued by EIB and guaranteed by SACE, brings the total investment capacity of the "Sviluppo Export" Fund to € 350 million, with SACE acting as both investor and guarantor.

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Source: http://www.madeinitalynow.com/

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