News
13 December 2023

Illumia secures €120m credit line for energy raw material purchases

In:
Oil & gas, Power
Region:
Europe

Italian energy group Illumia has signed a €120 million ($129 million) revolving credit line to address liquidity needs for procuring energy raw materials and handling margin requests tied to contracts.The loan was granted by a pool of credit institutions made up of BNP Paribas, UniCredit, Banco...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
14 April 2025

Atishoo: Non-bank trade finance trio catch a cold

The trade finance industry has suffered a trio of ailments since the end of 2024 with the shuttering of three different non-bank lenders. While the circumstances across the...

Video
22 April 2025

20 Minutes With: Marie-Laure Gastellu, Societe Generale

TXF spoke with Marie-Laure Gastellu, global head of trade finance services at Societe Generale, to outline the latest measures the bank has in place to handle geopolitical...