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Financing of 70 mln for finefoods growth

Support to the growth of Fine Foods & Pharmaceuticals with a €70mln loan

The image accompanying the news on the € 70 million loan to Fine Foods & Pharmaceuticals for the development of the company portrays a woman wearing a white coat and glasses looking at the label on a jar she holds in a hand, while with the atra takes notes on a tablet. On the table on which she is leaning there is some fruit.

Intesa Sanpaolo has disbursed a €70 million loan to Fine Foods & Pharmaceuticals N.T.M. S.p.A. intended to:         

  • reorganise the current debt
  • continue the development, including through inorganic growth

of the contract manufacturer operating in the pharmaceutical, nutraceutical and cosmetic sectors.

Intesa Sanpaolo acted as sole arranger for the disbursement of the seven-year loan.

On a cumulative basis, Intesa Sanpaolo will provide over €400 billion in medium/long-term lending over the period 2021-2026, to support the development plans of the Italian companies and sustain the real economy.

 

 

Last updated 27 March 2022 at 20:40:57

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