EIB €150m Space Lending Facility with Intesa Sanpaolo (with ESA)
Medium and long-term loans to SMEs in Italy's aerospace and space supply chain
Key terms
- Borrower or issuer
- Intesa Sanpaolo / EIB
- Date
- 8 Jul 2026
- Type
- Bank facility
- Amount
- €150m (US$174m)
- Maturity
- loans up to 11 years
Recorded terms
- Structure
- First EIB-ESA Space Lending Facility: EIB funding plus a 50% guarantee on each Intesa Sanpaolo loan; loans up to 11 years with a 12-month grace period; about €300m of new lending expected
- Lenders and arrangers
- European Investment Bank; on-lent by Intesa Sanpaolo
- Country
- Italy
Parties
- Intesa Sanpaolo / EIB borrower or issuer
- Lenders: Intesa Sanpaolo
- Public lenders and funders: European Space Agency
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 21 May 2026 | ICEYE €300m revolving credit facility (2026) | Bank facility | €300m |
| 28 Sep 2026 | SKY Perfect JSAT ¥17bn syndicated sustainability-linked loan | Bank facility | JPY 17bn |
| 3 Apr 2026 | Firefly Aerospace US$45m revolver upsize (to US$305m) | Bank facility | US$45m |
| 20 Feb 2026 | Redwire amended credit agreement | Bank facility | US$120m |
| 25 Nov 2025 | Eutelsat €900m senior facilities (€400m term loan and €500m RCF) | Bank facility | €900m |
Sources
- Intesa Sanpaolo signs Europe's first agreement with EIB and ESA eib.org · 8 Jul 2026
About this record
Record ORB-2026-0016, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
