INTESA SANPAOLO IN A POOL FOR FINANCING THE NEW SÃO PAULO UNDERGROUND RAILWAY LINE

• The operation is the largest public/private infrastructural project in Latin America
• Micillo: “After taking part in the operation for New York airport terminal one, we have confirmed our commitment to modernising the public infrastructures where the bank is present”
  

Milan, 06 September 2022 - Intesa Sanpaolo has taken part in the pool loan of approximately €1.3 billion aimed at developing the new line 6 of the São Paulo underground railway in Brazil.

The operation, implemented by the company “Concessionària Linha Universidade”, whose main private shareholder is the Spanish Acciona group, is the largest infrastructural project to be pursued as a public/private collaboration in Latin America, with a total commitment of around €3.4 billion.

The pool of banks, which involved Intesa Sanpaolo through the IMI Corporate & Investment Banking Division guided by Mauro Micillo, guaranteed part of the loan disbursed by BNDES, the Brazilian bank for social and economic development and is a clear example of sustainable financing based on criteria tied to female and local occupation, electric mobility and local entrepreneurship.

“Our participation in the transaction in Latin America shows the competence and quality of the presence of Intesa Sanpaolo in markets like the infrastructural one on a global level”. Mauro Micillo, Chief of Intesa Sanpaolo's IMI Corporate & Investment Banking Division, declared. “Just a few months after the announcement of our presence in the pool for financing the restructuring project of terminal 1 of John F. Kennedy airport, we intend to confirm our commitment to the projects involving the administrations of metropolises like New York and today São Paulo, committed to the essential modernisation of their public infrastructures. The operation subscribed in the last few days” – Mr Micillo concluded – “shows our desire to increase investments in the Americas, also thanks to the strong local presence to increasingly support the growth of Intesa Sanpaolo over the forthcoming years”.

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Intesa Sanpaolo

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Corporate & Investment Banking and Governance Areas

stampa@intesasanpaolo.com

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