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STMicroelectronics Secures EUR500 Million Funding from European Investment Bank

MT Newswires·12/11/2025 02:35:53
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02:35 AM EST, 12/11/2025 (MT Newswires) -- STMicroelectronics (STMPA.PA, STMMI.MI) entered a financing deal worth 500 million euros with the European Investment Bank. The funding will be used for the semiconductor company's French and Italian investment program for research and development, as well as chip manufacturing, according to a Thursday release. The agreement is the first tranche of the company and the European Investment Bank's agreed-upon credit line totaling 1 billion euros.