Source - RNS
RNS Number : 6134K
Ferrovie Dello Stato Italiane S.p.A
22 September 2016
 

 

 FS ITALIANE, SIGNED TWO LOAN AGREEMENTS FOR A TOTAL AMOUNT OF EURO 300 MILLION

 

The transactions have been realized with Cassa Depositi e Prestiti and Intesa Sanpaolo

 

The proceeds will fund new rolling stocks, both for regional and national transport

 

Rome, 22th September 2016

 

Ferrovie dello Stato Italiane is pleased to announce the successful signing of two Loan Agreements for an overall amount raised of Euro 300 million.

The loans, Euro 150 million each and 4 years maturity, have been underwritten by FS with Cassa depositi e prestiti and Intesa Sanpaolo, following a tender launched in July where 9 banks have been invited.

The proceeds will be used for new rolling stocks purchase - both for regional and national transport - to further enhance the quality of a service used by million Italians.

The transaction has been structured by FS for the purpose to seize the interesting opportunities created by the ECB's economy stimulus, designed to support bank lending to real economy. FS Group took advantage of this kind of funding at a very competitive pricing.

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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