Public Sports Facilities Investments
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Approval date
16 November 2018
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Borrower
Istituto Per Il Credito Sportivo
- Country
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Loan size
€ 150 000 000
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Line of action
Sustainable and inclusive growth
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Status
Completed
This loan will be on-lent to local authorities to part-finance sport facilities investments such as, among others, the construction, improvement, expansion and/or equipping of cycle paths, swimming pools, soccer fields, gyms, lawn bowling courts and sports green areas, the acquisition of related assets and the management of sport facilities. Final beneficiaries will be a wide range of the Italian population, mainly the residents of the municipalities, including young people and the elderly, where the funds for the sport investments will be allocated to.
The CEB and Istituto per il Credito Sportivo sign a € 150 million loan agreement to support sports facilities
Press release 23 November 2018
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