Financials
SACE
-
14 January 2015
Shareholders’ meeting approves a € 799 million capital reduction and a subordinated bond issue
The Shareholders’ Meeting of SACE S.p.A. approved a share capital reduction from € 4,340,053,892 to € 3,541,128,212 by reimbursing € 798,925,680 to the sole shareholder. Pursuant to Article 2335 of the Italian Civil Code, the resolution becomes executive 90 days after filing with the company register.
The Shareholders’ Meeting also approved the issuance of a subordinated bond. In this regard, SACE has mandated Barclays and Citi as joint arrangers and structuring advisors and Deutsche Bank, HSBC and UniCredit as joint bookrunners.
Documents
Would you like more information?
Contact us
+39 06.6736.888
[email protected]
Ultimi comunicati
Agreements
SACE -
30 June 2024
SACE, Italy’s Export Credit Agency and insurance financial group has finalized two agreements, with the Ministry of Transports of Egypt and with the Commercial International Bank respectively, to support mutual growth opportunities between Italy and Egypt in the framework of Piano Mattei.
Deals & Products
SACE -
12 June 2024
The Parties aim to support Ukraine through a Framework of Cooperation, leveraging the potential of export credit and foreign direct investment support
Agreements
SACE -
24 May 2024
SACE, the Italian insurance-financial group controlled directly by the Ministry of the Economy and Finance, has signed two financial agreements worth a total of 400 million euros during the Italy-Serbia Business Forum. The event was attended by the Italian Minister of Foreign Affairs and International Cooperation, Antonio Tajani, and the Prime Minister of the Republic of Serbia, Milos Vučević.