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LBBW MID-CAP

Signature(s)

Amount
€ 23,500,000
Countries
Sector(s)
Germany : € 23,500,000
Credit lines : € 23,500,000
Signature date(s)
19/12/2008 : € 23,500,000
Link to source
Data sheet
LBBW MID-CAP
Other links
Summary sheet
LBBW Mid-Cap

Summary sheet

Release date
6 May 2008
Status
Reference
Signed | 19/12/2008
20080159
Project name
Promoter - financial intermediary
LBBW Mid-Cap
Landesbank Baden-Württemberg, Stuttgart
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million.
EUR 200 million.
Location
Sector(s)
Description
Objectives

Financing of projects undertaken by mid-cap companies along the lines envisaged in the Memorandum of Understanding signed between the European Commission and the Bank dated 13.06.2006.

This mid-cap loan would be in line with EU Objectives; Articles 267 (a) and (c) as well as the Bank’s COP priority targets in addressing projects in fields such as cohesion and convergence, environmental sustainability, RDI and energy.

Environmental aspects
Procurement

All sub-projects financed under the proposed loan will be required to comply with the relevant national legal framework, to be acceptable in environmental terms to EIB and in line with EU environmental policy.

Compliance with EU Directives and national legislation and guidelines is made a condition for each allocation under the mid-cap loan.

Link to source
Summary sheet
LBBW Mid-Cap
Other links
Data sheet
LBBW MID-CAP

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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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