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Innovatec subscribes to the Banca Progetto loan of €2.89 million

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Posted: 30th April 2021
Jaya Harrar
Last updated 14th September 2021
Innovatec subscribes to the Banca Progetto loan of €2.89 million

Innovatec (a company listed on the AIM market that is focused on the environment and green efficiency) closed a refinancing to support its business development for the amount of €2,890,000, with a tenor of 48 months and backed by a 90% collateralisation granted by Fondo Centrale di Garanzia.

 

Innovatec was supported by Emanuele Boschi, partner of Financial Advisory practice of BL Studio, who supported the client in structuring, negotiating and executing the transaction that leveraged on BL Studio’s proven track record in transactions backed by public guarantees and other state-driven supporting schemes - both for the industrial and the service sector.

 

 

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