Global Trade Alert
Global Trade Alert

Italy: SACE introduces EUR 6.3 billion loan guarantee to support Fiat Chrysler

Announcement

24 Jun 2020

In June 2020, the Italian Eximbank SACE approved a EUR 6.3 billion loan guarantee to support the Italian unit of Fiat Chrysler in weathering the economic consequences of the Covid-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jun 2020

Revocation date:

No revocation date

Updated: 24 Jun 2020
Loan guarantee In force
On 24 June 2020, the Italian Eximbank SACE announced the provision of a guarantee for a EUR 6.3 billion (USD 7.1 billion) loan issued by Intesa Sanpaolo to support Fiat Chrysler. The loan and guarante...
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