ESG-linked term loan financing for Leonardo

The IMI Corporate & Investment Banking Division of Intesa Sanpaolo, together with a pool of national and international banks, has taken part in the provision of a new Term Loan – ESG Linked financing facility amounting to €600 million for Leonardo, an international industrial group and a global leader in the Aerospace, Defence and Security (AD&S) sectors.

The transaction aims to:

• refinance Leonardo’s debt, which has reached its natural maturity and is due for repayment in January 2026
• provide the Group with the necessary resources to meet both ordinary and extraordinary liquidity requirements over the coming months, whilst also preserving the availability of short-term credit facilities.

In line with the Group’s sustainability strategy and its first Transition Plan, as well as with Leonardo’s incentive scheme, the credit facility incorporates targets linked to the reduction of CO2 emissions.

As part of the operation, the IMI CIB Division acted as Mandated Lead Arranger and Bookrunner.

With this transaction, Intesa Sanpaolo reaffirms its commitment to supporting the sustainable development and transformation projects of leading industrial companies, assisting them in consolidating their financial structure and integrating ESG objectives into their business models.