Global Trade Alert
Global Trade Alert

Italy: EIB signs loan agreement to support Marcegaglia Steel S.p.A.'s steel production activities in Italy

Announcement

29 Jul 2019

In July 2019, the European Investment Bank (EIB) signed a loan agreement with Marcegaglia Steel S.p.A. to support the company's investments related to its production of steel goods in 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

Implementation date

29 Jul 2019

Revocation date:

No revocation date

Updated: 29 Jul 2019
Loan guarantee In force

The EIB's loan to Marcegaglia Steel S.p.A signed on 29 July 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 100 million (approx. USD 111.4...

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Updated: 29 Jul 2019
State loan In force

On 29 July 2019, the European Investment Bank (EIB) and Marcegaglia Steel S.p.A. signed a loan agreement having a total value of EUR 100 million (approx. USD 111.4 million)...

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