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Reference: 20070309
Release date: 15 November 2007

Promoter – Financial Intermediary

Polish mid-cap companies undertaking the projects in the fields of industry and services.

Location

Description

The projects will be implemented by mid-cap companies employing up to 3,000 people. The proposed Grouped Loan would allow Bank BPH to diversify its long-term funding and to step up its term financing for eligible projects in the mid-cap corporate sector in Poland.

Objectives

The Bank’s loan would allow the intermediary to increase and diversify its long-term funding sources and to step up its longer-term financing of eligible projects. Furthermore, extension of the cooperation with the Bank’s intermediaries in Poland will result in better service for the final beneficiaries, lower financing costs and enhance the Bank’s presence within the municipal sector in Poland.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 100 million

Environmental aspects

All sub-projects financed under the proposed loan will be required to comply with the relevant EU Directives and national legislation and guidelines.

Procurement

Compliance with EU Directives and national legislation and guidelines is made a condition for each allocation under the global loan.

Status

Signed - 12/11/2007

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).

Related tags

Poland Credit lines