NEXTCHEM strengthens its monetary construction with a brand new €125 million mortgage to help its Capex plan for technological innovation and R&D within the power transition
- This new credit score facility, backed by SACE’s assure, will fund NEXTCHEM’s investments, together with M&A, geared toward enhancing the know-how portfolio and accelerating the adoption of cutting-edge options throughout the Sustainable Know-how Options enterprise unit
Milan, 2 January 2025 – MAIRE (MAIRE.MI) pronounces that NEXTCHEM S.p.A. has signed a brand new €125 million mortgage settlement, 70% backed by SACE S.p.A.’s “Garanzia Archimede”, strengthening its funding energy to help investments in technological innovation and R&D.
The credit score facility can have a maturity of seven years, together with a 2-year grace interval. It is going to bear a variable rate of interest based mostly on the 3-month Euribor plus a 1.6% margin, along with the price of SACE’s assure, and could also be repaid in full or partially at any time with out penalties.
In accordance with the “Garanzia Archimede” – a software launched by the 2024 Price range Regulation to help new investments by Italian corporations – the financing will primarily help strategic investments, together with M&A, technological innovation, digitalization, ecological transition, and R&D initiatives of NEXTCHEM S.p.A., the Italian-based firm main the Sustainable Know-how Options enterprise unit, and its subsidiaries.
The financing shall be supplied by a pool of main Italian monetary establishments together with Banca Monte dei Paschi di Siena, Banco BPM, BNL BNP Paribas, Cassa Depositi e Prestiti, Intesa Sanpaolo (IMI Company & Funding Banking Division). Intesa San Paolo can even act as SACE Agent, World Coordinator, Sustainability Coordinator and Facility Agent.
Fabio Fritelli, Managing DirectorofNEXTCHEM, mentioned:
With this new financing, NEXTCHEM is in a good stronger place to face the challenges of power transition and sustainability.
“The help of Garanzia Archimede permits us to speed up our investments in technological innovation and R&D, strengthening our management within the sustainable options sector. We’re desirous to proceed delivering cutting-edge applied sciences that can drive the way forward for the inexperienced trade”.
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NEXTCHEM strengthens its monetary construction with a brand new €125 million mortgage to help its Capex plan for technological innovation and R&D within the power transition, supply
