SACE, SMBC and Citi provides EUR 100m to TDB Group to promote trade between Italy and Africa


The Eastern and Southern African Trade and Development Bank Group (TDB Group), SMBC Group (SMBC), Citi, and SACE are pleased to announce a €100m SACE Push Facility. This syndicated facility aims to support TDB’s mission of fostering regional growth and integration, while increasing Italian procurement through the involvement of TDB and its clients.

This unique facility, guaranteed by SACE to a multilateral development bank, includes SMBC and Citi as the Mandated Lead Arrangers, SMBC as Bookrunner and SACE Agent, and SACE providing the ECA cover (insurance).



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