Rome, 13th July 2018
Ferrovie dello Stato Italiane signed today a new committed revolving credit Facility of up to 2 billion of euro.
FS successfully increased significantly the total commitment compared to the previous facility – expired in May – which was 1.5 billion of euro.
The new Facility gathered again interest from the banking system as it was fully underwritten by a pool of 11 national and international financial Institutions selected through a tender among 19 banks launched in April by FS and followed by a syndication.
The Faciility has a three years maturity with a general corporate purpose, including capex for the new regional trains (mainly Rock and Pop) as well as for infrastructure upgrading investments.
The pool of banks and related role is as follows:
Underwriters, Mandated Lead Arrangers and Bookrunners
BNP Paribas, Cassa Depositi e Prestiti, Credit Agricole Corporate and Investment Bank, ING Bank, Intesa Sanpaolo and UniCredit
Co-Lead Managers
Banco Bilbao Vizcaya Argentaria, Bayerische Landesbank, Commerzbank Aktiengesellschaft and HSBC France
Participant
Banco BPM
Agent Bank
Intesa Sanpaolo
This transaction confirms the appetite for the credit profile of FS coming from the financial market and guarantees stability of liquidity needs coverage for the several Groups activities.
Rome, 13th July 2018
Ferrovie dello Stato Italiane signed today a new committed revolving credit Facility of up to 2 billion of euro.
FS successfully increased significantly the total commitment compared to the previous facility – expired in May – which was 1.5 billion of euro.
The new Facility gathered again interest from the banking system as it was fully underwritten by a pool of 11 national and international financial Institutions selected through a tender among 19 banks launched in April by FS and followed by a syndication.
The Faciility has a three years maturity with a general corporate purpose, including capex for the new regional trains (mainly Rock and Pop) as well as for infrastructure upgrading investments.
The pool of banks and related role is as follows:
Underwriters, Mandated Lead Arrangers and Bookrunners
BNP Paribas, Cassa Depositi e Prestiti, Credit Agricole Corporate and Investment Bank, ING Bank, Intesa Sanpaolo and UniCredit
Co-Lead Managers
Banco Bilbao Vizcaya Argentaria, Bayerische Landesbank, Commerzbank Aktiengesellschaft and HSBC France
Participant
Banco BPM
Agent Bank
Intesa Sanpaolo
This transaction confirms the appetite for the credit profile of FS coming from the financial market and guarantees stability of liquidity needs coverage for the several Groups activities.
Rome, 13th July 2018
Ferrovie dello Stato Italiane signed today a new committed revolving credit Facility of up to 2 billion of euro.
FS successfully increased significantly the total commitment compared to the previous facility – expired in May – which was 1.5 billion of euro.
The new Facility gathered again interest from the banking system as it was fully underwritten by a pool of 11 national and international financial Institutions selected through a tender among 19 banks launched in April by FS and followed by a syndication.
The Faciility has a three years maturity with a general corporate purpose, including capex for the new regional trains (mainly Rock and Pop) as well as for infrastructure upgrading investments.
The pool of banks and related role is as follows:
Underwriters, Mandated Lead Arrangers and Bookrunners
BNP Paribas, Cassa Depositi e Prestiti, Credit Agricole Corporate and Investment Bank, ING Bank, Intesa Sanpaolo and UniCredit
Co-Lead Managers
Banco Bilbao Vizcaya Argentaria, Bayerische Landesbank, Commerzbank Aktiengesellschaft and HSBC France
Participant
Banco BPM
Agent Bank
Intesa Sanpaolo
This transaction confirms the appetite for the credit profile of FS coming from the financial market and guarantees stability of liquidity needs coverage for the several Groups activities.