Finnvera Global Loan VII (SME)

Promoter – Financial Intermediary

Finnvera plc, headquartered in Helsinki and in Kuopio.

Location

• Finland

Description

Credit line for the financing of small and medium-sized enterprises (SMEs), in particular in the sectors of industry, tourism, energy, environment and services, located throughout Finland.

Objectives

To sustain and reinforce the productivity and competitiveness of SMEs.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 150 million.

Total cost (Approximate amount)

Approximately EUR 300 million.

Environmental aspects

Final beneficiaries will be required to ensure compliance with EU environmental directives and national legislation.

Procurement

Final beneficiaries will be required to ensure compliance with EU procurement directives.

Status

Signed - 2/03/2009