Reference:
20050167
Release date: 13 April 2005
Release date: 13 April 2005
Promoter – Financial Intermediary
Alliance & Leicester plcLocation
Description
The proposed operation is specifically tailored to the financing of small and medium sized enterprises (“SMEs”).
Objectives
To support SMEs’ investments by generating financial benefit for participating SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 75 million (EUR 109 million).
Total cost (Approximate amount)
Minimum GBP 150 million (EUR 218 million), as EIB finances an amount equivalent to no more than 50% of SMEs’ investments.
Environmental aspects
Final beneficiaries will be required to comply with national and EU Directives, as appropriate.
Procurement
Final beneficiaries will be required to comply with EU Directives, as appropriate.
Status
Signed - 25/05/2005