Global Trade Alert
Global Trade Alert

Italy: SACE subscribes to bond to support Italian automotive systems and components producer's growth plans

Announcement

04 Oct 2018

In October 2018, the Italian Eximbank SACE announced subscribing to a 7-year bond issued by the Italian automotive systems and components producer SAPA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Oct 2018

Revocation date:

No revocation date

Updated: 04 Oct 2018
Debt purchase In force

On 4 October 2018, SACE approved an EUR 15 million (approx. USD 17 million) guarantee for the subscribed bond issued by Italian SAPA and subscribed to by the SACE fund Fondo Sviluppo Export, s...

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Updated: 04 Oct 2018
State loan In force

On 4 October 2018, SACE announced supporting the Italian SAPA. The 7-year bond issued by SAPA was subscribed to by the SACE fund Fondo Sviluppo Export, whilst the Italian Eximbank SACE ap...

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