Press Releases and News

“Sviluppo Export” Fund, the new export development fund fostered by SACE, has agreed to underwrite a € 12.5 million bond to be issued by De Cecco, the well-known Italian firm specialized in the production of pasta

SACE successfully placed its first perpetual subordinated bond for a total of € 500 million. The issue sold out in just a few hours, attracting the interest of 280 international institutional investors with orders of € 3 billion, equal to six times the offering. Based on this extremely positive reaction, the yield guidance initially announced was revised to 3.875%.

SACE is participating in a mission to Qatar sponsored by the Ministry of Economic Development, coinciding with the visit of Minister Federica Guidi, to support the penetration of Italian companies in one of the most promising markets worldwide for exports and investments.

SACE is participating in a mission to the Republic of the Congo promoted by the Italian Ministry of Foreign Affairs and the Ministry for Economic Development, and confirms its intention to support Italian companies in their penetration of this market, relatively unexploited today: though its operating context is still risky, it could offer interesting future opportunities in a broad range of sectors.

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. It also approved the issuance of a subordinated bond