A Sustainability Linked Loan with CDP for Fincantieri

Intesa Sanpaolo, IMI Corporate & Investment Banking Division, Cassa Depositi e Prestiti (CDP)and Fincantieri have signed a Sustainability Linked construction loan for a maximum amount of EUR 300M. The financing revenues are intended to cover the financial requirements of the construction of a cruise ship.

The financing is defined as Sustainability Linked, because it is linked to the achievement of three objectives envisaged in Fincantieri’s 2018–2022 Sustainability Plan: efficient energy consumption management, supply chain sustainability and employee training.

On the basis of the objectives’ achievement, according to the agreement, a benefit or a penalty for Fincantieri’s loan costs is envisaged.

For further information, please read the press release.