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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Germany : € 150,000,000
    Credit lines : € 150,000,000
    Signature date(s)
    16/12/2009 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    29 December 2008
    Status
    Reference
    Signed | 16/12/2009
    20080502
    Project name
    Promoter - financial intermediary
    Unicredit Leasing Deutschland KMU Darlehen

    Unicredit

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    An SME Loan to HVB Leasing for financing of small-scale investment projects implemented by small and medium-sized companies and funded on a basis of a leasing structure.

    The proposed loan for SMEs is dedicated to the financing of small-scale projects in the SME customer segment. Working in co-operation with HVB Leasing, the Bank financing will be reaching a large number of small investment projects that typically would not qualify for direct EIB funding. Also, through lease financing the EIB funding may be reaching those small companies that in the absence of credit history (start-ups and young companies as well as very small enterprises) have no access to bank credits. The sub-projects are expected to represent a mix of investments representing a large variety of business sectors.

    Environmental aspects
    Procurement

    In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.

    In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.

    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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