Reference:
20110223
Release date: 28 July 2011
Release date: 28 July 2011
Promoter – Financial Intermediary
Banca Popolare dell’Emilia Romagna (BPER).
Location
Description
EIB loans for SMEs to finance eligible projects of SMEs in Italy and, possibly, other eligible projects as detailed below.
Objectives
To improve access to term finance at favourable conditions. The loan will finance SME investments for at least 70% of the total amount in the industry, services and tourism sectors. The balance could finance eligible projects under the knowledge economy, convergence, energy and environment objectives and mid-caps.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 10/11/2011