Enterprises affected by the Covid-19 epidemiological emergency that meet, in addition to the general access criteria, the following requirements:
With the Subordinated Bond Loan instrument, with a duration of 6 years, we can support the financing needs of your company for investments in production plants and business activities located in Italy.
Economic conditions EURIBOR* 1Y+:
* in the event of a negative EURIBOR, the latter shall be deemed to be zero.
The main features of the instrument are:
The amount of assistance must be at least €1 million and must not exceed the greater of
At least 40% of the nominal value of the loan must be earmarked for investments and projects located in Italy that are innovative and/or highly environmentally sustainable.
It will be possible to apply for this instrument until 31 December 2021, unless extended.
* In the event other instruments are taken out, relating to paragraphs 3.2 and 3.3 of the Temporary Framework, the total amount of all instruments, including the subordinated bond, must not exceed 25% of revenues or double the wage bill. If the company belongs to a group, reference will be made to the values of the aforementioned revenues or wage bill on a consolidated basis and achieved in Italy, at the highest degree of consolidation.
You can apply through one of our Qualified Intermediaries .