Global Trade Alert
Global Trade Alert

Italy: CDP and SACE provide financing to Italian oven manufacturer Unox

Announcement

24 Oct 2022

In October 2022, the national development bank Cassa Depositi e Prestiti (CDP) provided a loan to the Italian company Unox. In addition, the Italian Eximbank SACE provided a guarantee for a private loan granted to Unox.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

24 Oct 2022

Revocation date:

No revocation date

State loan In force

On 24 October 2022, the Italian national development bank Cassa Depositi e Prestiti (CDP) announced the provision of a EUR 15 million (USD 14.8 million) loan to Italian company Unox in order to suppor...

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Loan guarantee In force

On 24 October 2022, the Italian Eximbank SACE announced the provision of a EUR 20 million (USD 19.7 million) guarantee. The loan was on a loan granted by the Italian private bank UniCredit to the Ital...

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