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