Release date: 16 April 2003
Promoter – Financial Intermediary
Finnvera plcLocation
Description
Global Loan for the financing of SMEs in Finland.
Objectives
Through the financial intermediary, the Global Loan would provide final beneficiaries (SMEs), with long-term funds at favourable conditions contributing to reducing investment costs and better match the expected economic life of the investments.
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 - 30/01/2004
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).