Release date: 15 December 2020
Promoter – Financial Intermediary
BAWAG PSK BANK FUER ARBEIT UND WIRTSCHAFT UND OESTERREICHISCHE POSTSPARKASSE AGLocation
Description
The project is structured as an intermediated Framework Loan (FL) to support construction and modernisation of urban infrastructure and services in Austrian municipalities.
Objectives
Intermediated Framework Loan promoted by BAWAG for the financing of urban development and social infrastructure sub-projects in Austria with the final beneficiaries being public sector entities.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 350 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 - 14/12/2020
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).