Ferrovie dello Stato: €2bln for modernisation of the railway infrastructure

Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, has signed a €2 billion loan with Ferrovie dello Stato.

The four-year credit line is intended to finance extraordinary maintenance expenditure for the modernisation of the railway infrastructure, fully compliant with ESG principles and linked to projects capable of producing significant environmental and social benefits.

The loan also features an innovative structure: it benefits from an autonomous first-demand guarantee issued by SACE on 50% of the financed expenditure - amounting to €1 billion - eligible for the “Archimede guarantee”, which covers infrastructure and production investments made in Italy, promoting the growth and competitiveness of Italian companies and the Country System.

The transaction confirms the constant commitment of the Intesa Sanpaolo Group, led by CEO Carlo Messina, in fostering investments in sustainable infrastructures, a factor for growth and development of the country system