Release date: 1 March 2010
Promoter – Financial Intermediary
SG Equipment Finance Czech Republic s.r.o.
Location
Description
Loan for financing small and medium-sized projects promoted by SMEs and Mid-Caps in the Czech Republic and in Slovakia.
Objectives
An estimated 80% of allocation will qualify under “Loan for SMEs” as per EIB Loan for SMEs characteristics approved by the Board of Directors in September 2008 and the residual amount should benefit Mid-Caps (as per current definition) or to local authorities. A majority (at least 80%) of the investment should be located in convergence Regions.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Status
Signed - 29/09/2011
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).