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Sace's round: San Miguel taps ECA-backed funding

Summary by Global Trade Review (GTR)
Italy’s export credit agency Sace has agreed to cover a commercial bank loan worth US$600mn for food and beverage giant San Miguel, the latest deal signed under its booming untied programme. The facility, signed on March 27, is being financed by SMBC and backstopped with a guarantee from Sace. Sace is providing support under its Push strategy which was launched in 2017 and works to increase purchases of goods and services from Italy, without tyi…
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Global Trade Review (GTR)Global Trade Review (GTR)

Sace's round: San Miguel taps ECA-backed funding

Italy’s export credit agency Sace has agreed to cover a commercial bank loan worth US$600mn for food and beverage giant San Miguel, the latest deal signed under its booming untied programme. The facility, signed on March 27, is being financed by SMBC and backstopped with a guarantee from Sace. Sace is providing support under its Push strategy which was launched in 2017 and works to increase purchases of goods and services from Italy, without tyi…

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Global Trade Review (GTR) broke the news in on Wednesday, April 2, 2025.
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