Loan of €33 mln for the sustainable development of the Italian Exhibition Group

The image accompanying the news on the 33 million euro Sustainability Linked financing to Italian Exhibition Group S.p.A., portrays a porticoed exhibition centre and some people crossing the open space

Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, has signed a €33 million Sustainability Linked loan with Italian Exhibition Group S.p.A. (“IEG”) that will enable the Company to:

refinance existing debt guaranteed by SACE
benefit from an improved financial structure and reduced cost of debt.

The transaction envisages a bonus mechanism on the interest margin upon the achievement of specific sustainability objectives in the area of decarbonisation and ESG incentives for employees, consistent with the commitments declared by IEG in the 2023-2028 Strategic Plan.

Italian Exhibition Group is a leading Italian company in the organisation of international trade fair events listed on Euronext Milan, a regulated market organised and managed by Borsa Italiana S.p.A.

The Intesa Sanpaolo Group, led by CEO Carlo Messina, thus confirms its support for the Italian entrepreneurial fabric by accompanying companies in their growth projects.

Photo credits: courtesy Italian Exhibition Group

Last updated 23 December 2024 at 15:22:05