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

The Next Web
Cristian Dina @ The Next Web · today 13:14 EDT

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 March 2031. The Milan company will use the […]
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