July 3, 2020 / 3:52 PM / a month ago

BRIEF-Moncler Signs Deal For Revolving Credit Line Of Up To EUR 400 Mln

July 3 (Reuters) - Intesa Sanpaolo SpA:

* SIGNS DEAL WITH INTESA SANPAOLO FOR REVOLVING CREDIT LINE FOR UP TO EUR 400 MILLION

* CREDIT LINE “COMMITTED” HAS 2023 MATURITY WITH POSSIBILITY OF RENEWAL FOR 2 MORE YEARS

* CREDIT LINE IS LINKED TO COMPANY’S SUSTAINABILITY TARGETS

* CREDIT LINE TO MITIGATE RISK PROFILE DERIVING FROM CURRENT CRISIS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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