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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).

    News & Stories

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