An important financial transaction
Ferrovie dello Stato Italiane recently announced the conclusion of medium and long-term funding operations for 2024, signing a four-year financing agreement with Intesa Sanpaolo for a total amount of two billion euros. This initiative represents a significant step towards strengthening Italian railway infrastructure, with a particular focus on extraordinary maintenance and modernization
of existing networks.
Environmental and social benefits
The proceeds from this funding will be used for projects that will not only improve the efficiency of the railway service, but that are also in line with ESG (Environmental, Social, Governance) principles. These projects are designed to generate significant environmental and social benefits, thus contributing to a more sustainable future for the transport sector in Italy. Attention to the environment and sustainability has become a priority for many companies, and Ferrovie dello Stato is no exception
.
The capital market and the FS Group
This financing transaction confirms the interest of the capital market in the credit risk associated with the projects of the State Railways Group. During the year, the company has already carried out medium and long-term financial transactions for a total of 3.95 billion euros, thus demonstrating investor confidence in the solidity and long-term vision of the group. The current transaction will extend the maturity of the short-term loan, originally signed with Intesa Sanpaolo, until January 2029, thus ensuring greater
financial stability.
Future prospects for Railways
With this new funding, Ferrovie dello Stato is preparing to face future challenges, focusing on a modernization of the infrastructure that can meet the needs of users who are increasingly attentive to sustainability. The modernization of railway networks will not only improve operational efficiency, but will also help reduce the environmental impact of rail transport, making train travel an increasingly attractive option
for Italian citizens.