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CLARA MOSCHINI

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Fincantieri: Sustainability Linked Guarantees Facility

For a maximum amount of EUR 700 million; minimum tenor of over 4 years

BNP Paribas Italian Branch and Fincantieri have finalized an agreement to turn the guarantee line for a maximum amount of 700 million euros granted by the bank into a “sustainability linked Guarantees Facility”. The agreement has a minimum tenor of over 4 years and it is the first operation of this kind for the shipbuilding group. The guarantee line granted by BNP Paribas is defined as “sustainability linked...

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AVIONEWS - World Aeronautical Press Agency
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