Release date: 11 August 2003
Promoter – Financial Intermediary
Commerzbank AG, Frankfurt/Main.Location
Description
Global loan dedicated to small and medium sized public sector investments in assisted areas.
Objectives
The global loan will focus on investments in assisted areas and thus help correcting regional disparities.
Comments
Environmental protection, rational use of energy and improvements to infrastructure in assisted areas and/or those related to international traffic links as well as of infrastructure related to education, health and social housing.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million.
Total cost (Approximate amount)
At least EUR 500 million.
Environmental aspects
Compliance with EU directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the Global Loan.
Procurement
Compliance with EU directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the Global Loan.
Status
Signed - 8/08/2003