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        SACHSEN GESUNDHEITSFUERSORGE GL I

        Signature(s)

        Amount
        € 150,000,000
        Countries
        Sector(s)
        Germany : € 150,000,000
        Credit lines : € 150,000,000
        Signature date(s)
        8/07/2005 : € 50,000,000
        11/12/2006 : € 100,000,000

        Summary sheet

        Release date
        25 April 2005
        Status
        Reference
        Signed | 08/07/2005
        20050147
        Project name
        Promoter - financial intermediary
        Sachsen Gesundheitsfuersorge Global Loan I
        Sächsische Aufbaubank – Förderbank – (SAB)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 150 million.
        EUR 300 million.
        Location
        Sector(s)
        Description
        Objectives

        Dedicated Global Loan operation for the financing of small and medium sized investments in hospitals in the Free State of Saxony (objective 1 assisted area).

        The proposed Global Loan would be fully dedicated to investments in hospital infrastructure of limited scale in Saxony, promoted by their public and private owners.

        Environmental aspects
        Procurement

        The project complies with relevant EU and national environmental legislation.

        The procurement procedures are in accordance with relevant EU Directives.

        Comments

        Health And Social Work.

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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