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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

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

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).

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