15
Nov
08:57
Italy's CLN bags finance to expand abroad
CLN Coils Lamiere Nastri Spa (CLN), part of ArcelorMittal, has arranged joint financing with two major financial institutions to fund its international growth, Kallanish learns from the company.
Italian lender Cassa Depositi e Prestiti (CDP) and International Finance Corporation (IFC), a member of the World Bank Group, will provide €134 million ($151.7m) in joint financing. €50m of the loan will be provided by CDP and €84m by IFC.
The operation…
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