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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Portugal : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    22/12/2021 : € 200,000,000

    Summary sheet

    Release date
    27 January 2021
    Status
    Reference
    Signed | 22/12/2021
    20200740
    Project name
    Promoter - financial intermediary
    BCP EGF MIDCAPS RISK SHARING
    BANCO COMERCIAL PORTUGUES SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 653 million
    Location
    Sector(s)
    Description
    Objectives

    The proposed operation concerns a guarantee scheme under under the European Guarantee Fund (EGF) in Portugal, which will support the financing of mid-caps, large corporates and public sector entities (PSEs) in sectors that have been affected by the COVID-19 pandemic and that are in line with the EIB's long-term mission (innovation; environment; indirect small and medium-sized enterprise (SME) support, through the requirement of creating an additional portfolio).

    Linked risk-sharing operation under the European Guarantee Fund (EGF) for mid-caps and other eligible entities in Portugal, aiming to mobilise funding resources to respond to the economic impact of the COVID-19 pandemic. The supported final recipients are considered to: (i) be viable in the long-term; (ii) meet the lender's requirements for commercial financing, were it not for the economic impact of the COVID-19 pandemic. In line with the EGF, this is a limited-time intervention.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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    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.
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    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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