Release date: 12 May 2005
Promoter – Financial Intermediary
Mid-cap companies with up to 3,000 employees intermediated by banks to be approved on a case by case basis by the EIB.Location
Description
Grouped loan for the financing of independent industrial mid-cap companies.
Objectives
Financing via term loans of medium scale investments realised in regional development areas as well as industrial projects in EU priority sectors like I2I and environment.
Comments
Industry.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million with a maximum of EUR 25 million for each single project.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total cost for each single project.
Environmental aspects
Complying with EU and national legislation on environmental protection..
Procurement
Complying with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.
Status
Signed - 16/11/2006
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).