Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20200771
    Release date: 11 June 2021

    Promoter – Financial Intermediary

    PARTICIPATIEMAATSCHAPPIJ VLAANDEREN

    Location

    Description

    Linked risk-sharing operation under the European Guarantee Fund (EGF) to support mid-caps and other eligible entities in the Flanders region, Belgium.

    Objectives

    The objective of this operation is to support companies' access to liquidity and to improve their resilience to the fallout of the COVID-19 pandemic, as well as to support investment, and thereby also foster economic recovery in Belgium. The focus is primarily on mid-caps and large corporates active in the Flanders region, with exceptional allocations in eligible EU member states not excluded.

    Comments

    The intermediary will be Gigarant NV, an entity owned by the Flemish region and PMV.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 350 million

    Total cost (Approximate amount)

    EUR 1225 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

    Approved - 27/10/2021

    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