Finlombarda, the in-house public financial institution 100% owned by Lombardy Region, is allocating 50 million euros from the total amount of the Minibond initiative to companies with sustainable environmental, social and governance behaviors on the basis of a self-assessment attached to the Notice to Companies. The Minibond initiative supports, through the subscription of a 40% share of the issue value by Finlombarda and in co-partnership with other institutional investors, Lombardy companies that intend to finance their business development programs by using an alternative financing channel to bank loans.
To recall, Finlombarda has recently signed the Lombardy Protocol for Sustainable Development and that, as a Fixed Income Partner, it collaborates with Borsa Italiana for the development of Minibonds on the ExtraMOT PRO3 market and for sustainable growth objectives.
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