KBC - MID-CAP INITIATIVE

Promoter – Financial Intermediary

KBC Bank NV

Location

• Belgium

Description

This Mid-Cap Initiative (MCI) operation will be set-up as a risk sharing instrument under the RSFF. The operation will be used to cover 50% of the credit risk associated with a portfolio of new loans originated by KBC Bank NV. The guaranteed portfolio will be composed of innovative Mid-cap loans having eligible expenditures.

Objectives

Financing of projects carried out by Mid-caps.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 10/12/2014