Fincantieri signs with Intesa Sanpaolo a 500 million euros
revolving construction loan “sustainability linked”
The financing is linked to sustainability goals
Trieste - Milan, July 12, 2022 – Fincantieri has signed with bank Intesa Sanpaolo (IMI Corporate & Investment Banking Division) a “sustainability linked” revolving credit facility for a maximum amount of 500 million euros.
The three-year financing is aimed at covering the financial requirements of the construction of cruise ships. It is defined “sustainability-linked” because it is linked to the achievement of two specific performance indicators (Key Performance Indicator, “KPI”): the sustainability score level, assigned every year by S&P Global with the Corporate Sustainability Assessment (CSA) questionnaire, and the energy efficiency of the cruise ships delivered every year (EEDI Index).
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Last updated 12 July 2022 at 16:20