Geox finds fit for ECA-backed loan

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By Mike Turner
16 Sep 2020

Geox, the Italian shoe company, has signed a €90m export credit agency backed loan, days after the company announced a business restructuring of its North American operations.

The borrower this week signed the six year term loan led by Intesa Sanpalo and joined by BNP Paribas’ Italian subsidiary, BNL.

The deal has a 24 month grace period and will be used to cover working capital, including personnel costs, production facilities and business activities in Italy. 

Italy’s export ...

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