Generalfinance

Capital/Financing Update • Aug 1, 2023

Informazione Regolamentata n. 1693-45-2023		Data/Ora Inizio Diffusione 01 Agosto 2023 18:03:29	Euronext Star Milan
Societa'	:	GENERALFINANCE S.p.A.
Identificativo Informazione Regolamentata	:	179905
Nome utilizzatore	:	GENERALFINANCEN01 - Saviolo
Tipologia	:	REGEM
Data/Ora Ricezione	:	01 Agosto 2023 18:03:23
Data/Ora Inizio Diffusione	:	01 Agosto 2023 18:03:29
Oggetto	:	GENERALFINANCE: NEW LOAN AGREEMENT WITH SACE FCT
Testo del comunicato

Vedi allegato.

GENERALFINANCE

NEW LOAN AGREEMENT STIPULATED IN THE TECHNICAL FORM OF "RE-FACTORING" WITH SACE FCT FOR A MAXIMUM PLAFOND OF 25 MILLION EUROS

Milan, 01 August 2023. Generalfinance announces that it has entered into a new loan agreement with SACE FCT, the SACE Group company specialized in supporting liquidity and managing companies' cash flows, in the technical form of receivables ("Re-factoring") in pro solvendo mode, for a maximum plafond of 25 million euros.

The transaction is part of Generalfinance's strategy of i) diversification of funding sources through agreements with solid stakeholders, ii) optimization of the cost of funding and iii) increase in counterbalancing capacity, in order to support the expansion of loans to customers in line with the provisions of the current 2022-2024 Business Plan, also taking into account the favourable context for the Company's anti-cyclical business.

The contract previews a cost of the provision substantially in line with the other contracts of Re-factoring in existence with other counterparties.

GENERALFINANCE

Founded in 1982 and operating for over 30 years in the factoring sector, Generalfinance is a supervised financial intermediary, specialized in financing the working capital of companies, able to guarantee rapid and customized interventions according to the different needs of customers. Operating at the two offices in Milan and Biella with a team of about 70 professionals, Generalfinance is a leader in the factoring segment for distressed companies.

Generalfinance S.p.A.

Chief Financial Officer - Investor Relations Ugo Colombo | u.colombo@generalfinance.it |+39 3355761968

EXTERNAL INVESTOR RELATIONS CONTACTS

CDR Communication Vincenza Colucci | vincenza.colucci@cdr-communication.it |+39 3356909547 Simone Concetti | simone.concetti@cdr-communication.it |+39 3346132553

MEDIA CONTACTS CDR Communication Angelo Brunello | angelo.brunello@cdr-communication.it |+39 3292117752