EIB backs its first project bond in Italy, with €850m Venice road

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EIB backs its first project bond in Italy, with €850m Venice road

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The RAC rescue service attends a breakdown on the M5 Motorway near Bridgend, Wales. | Ben Birchall/PA Archive/Press Association Images

The European Investment Bank has deployed its Project Bond Credit Enhancement in Italy for the first time, to support an €850m bond that refinances a toll motorway bypass around Venice.

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