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The Italian state just backed €500m for the company that owns AOL — Blankdot

thenextweb.com6 days ago

The Italian state just backed €500m for the company that owns AOL

The Italian state just backed €500m for the company that owns AOL

Bending Spoons has agreed a €500m loan facility guaranteed by the Italian state. The guarantee comes from SACE, Italy’s export credit agency, which is wholly owned by the Ministry of Economy and Finance. HSBC Continental Europe, Intesa Sanpaolo and BPER Banca arranged the facility, which matures in…

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