Financials
SACE
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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.
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Miscellaneous
SACE -
03 November 2026
PIF today announced that it has raised US$3 billion-equivalent in dual-tranche credit facilities guaranteed by SACE, Italy’s export credit agency. The transaction will further expand trade and create new cooperation opportunities within PIF’s ecosystem to procure goods and services from Italian suppliers.
Agreements
02 November 2026
SACE, the Italian Export Credit Agency owned by the Ministry of Economy and Finance, and the State of Western Australia have signed a Memorandum of Understanding (MoU) to strengthen economic and industrial cooperation, with a particular focus on critical minerals and strategic supply chains. The agreement was signed by Guglielmo Picchi, Chairman of SACE, and Rebecca Brown PSM, Director General, representing the State of Western Australia.