Kommuninvest Global Loan III

Promoter – Financial Intermediary

Kommuninvest, Örebro

Location

• Sweden

Description

Global Loan for the financing of small and medium-sized public entities in the fields of health, education, environment, information and communication technology, urban development, energy and infrastructure in Sweden.

Objectives

Through the financial intermediary, the Global Loan will provide final beneficiaries, notably local authorities and their associated entities, with long-term funds at favourable conditions, thus contributing to reducing investment costs.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Approximately SEK 1 billion, equivalent to EUR 107 million.

Environmental aspects

Compliance with EC directives and national legislation will be confirmed for each allocation under the Global Loan.

Procurement

EIB procurement rules applicable to Global Loans will pertain.

Status

Signed - 14/04/2003