EIB €40m loan to Avio
Space propulsion R&D and expansion of production capacity at Colleferro
Key terms
- Borrower or issuer
- Avio
- Date
- 6 Oct 2017
- Type
- Government finance
- Amount
- €40m (US$45m)
Recorded terms
- Structure
- European Investment Bank loan under the Italian risk-sharing initiative
- Lenders and arrangers
- European Investment Bank
- Country
- Italy
Parties
- Avio borrower or issuer
- Public lenders and funders: European Investment Bank
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More from Avio
| Date | Financing | Type | Amount |
|---|---|---|---|
| 16 Jan 2019 | EIB additional €10m loan to Avio | Government finance | €10m |
Sources
- Avio press release: contract with EIB for €40 million avio.com · 6 Oct 2017
- EIB project 20170472: Avio space propulsion eib.org · 6 Oct 2017
About this record
Record ORB-2017-0005, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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
Government and EU money comes as loans, guarantees or grants tied to a policy aim, with conditions on use of proceeds and reporting.
