CIC Corporate & Institutional Banking is very proud to support Italo, one of Europe’s leading private high-speed rail operators in the refinancing of its senior debt labeled “green”. CIC CIB also acts as a hedging bank.
It is structured through a combination of :
- a bank loan along with a Capex facility to support its ambitious growth strategy, including 12 new high-speed trains from Alstom to strengthen its position in Italy.
- private placements issued to investors in Europe and the United States.
This transaction is fully in line with the Crédit Mutuel Alliance Fédérale Group’s strategy to decarbonize and support the development of the rail sector.
