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    Reference: 20130540
    Release date: 13 February 2014

    Promoter – Financial Intermediary

    ING BELGIQUE

    Location

    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)

    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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Belgium Credit lines