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The project consists of a Programme Loan dedicated to support SME/MidCap investments, working capital and short-term liquidity needs through the participation in non-investment grade mezzanine tranches of securitization structures. This operation is part of the economic response to the COVID-19 outbreak coordinated with the EC.
The aim is to mobilise funding resources to mitigate the impact of the COVID-19 epidemic on European SMEs and Midcaps. Sub-operations will be loans for SMEs and Midcaps to acceptable financial intermediaries, National and Regional Promotional Banks. Each sub-operation could be accompanied by other measures provided by relevant authorities.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable nationaland EU legislation, as appropriate.