Financing for the growth of the Arvedi Group

Intesa Sanpaolo's IMI Corporate & Investment Banking Division has taken part, together with a consortium of leading national and international financial institutions, in a €900 million financing operation destined for the Arvedi Group.

The financing includes several medium- to long-term credit lines, aimed not only at improving the maturity of existing debt, but also to:

• support an investment plan to increase competitiveness
• expand the supply of products with higher added value
• accelerate carbon neutrality and decrease environmental impact

In the transaction, IMI CIB Division acted as Global Coordinator, Bookrunner and Sustainability Coordinator, confirming Intesa Sanpaolo's commitment to promoting sustainable growth and to the competitiveness of Italian industry.

 The Arvedi Group is confirmed as one of the major players in the European steel industry and a national leader in the production of flat carbon and stainless steels.