Release date: 19 September 2002
Promoter – Financial Intermediary
OKOBank plcLocation
Description
Global Loan for the financing of small- and medium sized infrastructure investemnts in Finland and possibly other EU countries.
Objectives
Through the financial intermediary, the Global Loan would provide final beneficiaries with long-term funds at favourable conditions and better match the expected economic life of the investments.
Comments
Infrastructure investments aiming at job creation, protection of the environment, energy savings, urban renewal and health and education.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Min. EUR 200 million
Environmental aspects
Compliance with EU directives and national legislation and guidelines will be made a condition and is to be confirmed for each allocation under the Global Loan.
Procurement
EIB procurement rules applicable to Global Loans will pertain.
Status
Signed - 12/09/2002
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).