Global Trade Alert
Global Trade Alert

Italy, France and Malta: EIB grants investment support to STMicroelectronics' next-generation semiconductor development

Announcement

04 Aug 2017

In August 2017, the European Investment Bank (EIB) signed a loan agreement with STMicroelectronics N.V. to support its investment programme related to research and development of next-generation semiconductors in Malta, France and Italy. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

04 Aug 2017

Revocation date:

No revocation date

State loan In force

On 4 August 2017, the European Investment Bank (EIB) and STMicroelectronics N.V. signed three loan agreements having a total value of EUR 500 million (approx. USD 588.7 million). The loans will suppor...

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Loan guarantee In force

The EIB's loan to STMicroelectronics N.V. signed on 4 August 2017 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 500 million (approx. USD 588.7 m...

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