Signature(s)
Amount
€ 20,000,000
Countries
Sector(s)
France
: € 20,000,000
Credit lines
: € 20,000,000
Signature date(s)
21/12/2007 : € 20,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
12 November 2007
Status
Reference
Signed | 21/12/2007
20070352
Project name
Promoter - financial intermediary
Avenir Entreprises Mezzanine
Closed-end fund established under Article 214-37 of the Financial and Monetary Code, to be managed by the management company Avenir Entreprises Gestion.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 20 million.
The total amount of the fund will be up to EUR 60 million.
Location
Sector(s)
Description
Objectives
The EIB will subscribe to the fund alongside OSEO and CDC Entreprises (the sponsors). The fund will finance SMEs with convertible bonds.
Financing of small and medium-scale investments promoted by fast-growing small firms.
Environmental aspects
Procurement
Compliance with national regulations transposing EU environment directives will be required.
Compliance with national regulations transposing EU procurement directives will be required.
Link to source
Summary sheet
Other links
Data sheet
News & Stories
Link to source
Other links