Release date: 30 April 2010
Promoter – Financial Intermediary
Kommunalkredit Austria AG
Location
Description
Dedicated credit line, with at least 70% for financing small and medium-size projects promoted by public promoters. Remaining funds may be used for projects helping protection of the environment and sustainable communities, convergence or energy investment.
Objectives
To improve access to term finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Borrower will be required to ensure compliance of projects financed under the EIB loan for SMEs with applicable national and EU legislation.
Procurement
The Borrower will be required to ensure compliance of projects financed under the EIB loan for SMEs with applicable national and EU legislation.
Status
Signed - 8/10/2010
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).