Signature(s)
Summary sheet
- Credit lines - Credit lines
The project consists of a Multi Beneficiary Intermediated Loan (MBIL) to Mediobanca Group entities to support small and medium sized enterprises (SMEs) as well as mid-caps in Italy.
The transaction aims to enhance access to finance to SMEs and mid-caps, mainly supporting investments carried out by micro and individual enterprises (with a minimum 60% contribution) and female owned businesses (minimum 20% contribution). Furthermore, on a best-effort basis, a portion of the allocations will be directed towards EU Cohesion Policy regions in Italy.
The operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.