Loan of €150mln to Estithmar Holding with SACE's Push Strategy guarantee

Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, together with Sace and Estithmar Holding, have finalised the first €150 million Push Strategy transaction in Qatar, aimed at supporting the economic growth of the country by enabling partnerships with Italian companies in strategic sectors.

As part of the Push Strategy programme, SACE issued a Financial Guarantee for the loan provided by Intesa Sanpaolo through its IMI CIB Division in favour of Estithmar Holding, a listed company in Qatar engaged in strategic sectors such as healthcare, services, real estate, tourism and specialised contracts.

Estithmar, in turn, is committed to fostering business matching opportunities with Italian companies in its main sectors of interest, further strengthening ties between the Italian business fabric and the Qatari market.

The transaction confirms Intesa Sanpaolo's role in supporting and accompanying Italian and foreign companies in their growth and development plans.