Release date: 13 February 2014
Promoter – Financial Intermediary
ING BELGIQUELocation
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 ING Belgium. The guaranteed portfolio will be composed of innovative Mid-cap loans having eligible expenditures.
Objectives
Financing of projects carried out by innovative Mid-caps.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 300 million
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 - 30/04/2015
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).