Release date: 28 April 2005
Promoter – Financial Intermediary
German Public Bank
The project concerns a sector dedicated i2i global loan, with a risk-sharing window under the Structured Finance Facility to support small and medium-sized RDI projects in the automotive supply industry.
With the proposed facility, the EIB would help
- to improve the automotive suppliers terms of financing,
- to leverage the financing institutions' credit lines for automotive suppliers and the automotive sector, thus accelerating small and medium RDI projects,
- to support the development of IPR-based collateralization mechanisms, in order to allow R&D intensive SME or midcap-type companies to mobilize self-developed intangible assets for finance purposes.
Proposed EIB finance (Approximate amount)
EUR 100 million global loan window
EUR 50 million risk-sharing window under SFF
Total cost (Approximate amount)
The project’s compliance with all applicable national and EU environmental legislation will be verified during appraisal.
Procurement regulations do not apply to this private industry project.
Approved - 13/12/2005
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).