White & Case advises Proma on two SACE-guaranteed financings

Press Release
1 min read

Global law firm White & Case LLP has advised Proma S.p.A., and its subsidiary Proma SSA S.r.l., on two medium-to-long term loans for an aggregate amount of €120 million that are both guaranteed by SACE S.p.A., the Italian state-owned export credit agency.

Proma is a leading producer of automotive sector components, specializing in the development and fabrication of seat structures and mechanisms, body assemblies and front-end suspension crossbeams.

The White & Case team in Milan that advised on the transaction included partners Andrea Novarese and Iacopo Canino and associate Francesco Mozzone.

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