Date de publication: 7 mai 2002
Lieu
Description
Further to the success of the first EUR 25 Million risk capital facility, signed in November 1998, that has been fully allocated and almost entirely disbursed over a three year period, the EIB is implementing a second facility of EUR 25 Million. It will be used by selected financial intermediaries and fund managers to partially finance their own private equity investments, thereby strengthening the equity base of Egyptian enterprises. A profit-sharing formula between the intermediaries and the Bank will ensure an optimal adequation of both parties' interests.
Objectifs
The project aims at financing through equity or quasi equity the creation or the development of Egyptian private companies over a medium or long term period. Priority will be given to small and medium size enterprises. A reasonable return on investment is to be achieved.
Commentaires
Industry, agro-industry, tourism, infrastructures, health and education.
Secteur(s)
Montant BEI envisagé (montant approximatif)
EUR 25 Million
Coût total (montant approximatif)
EIB does not finance more than 50% of any particular investment. Hence, the total amount of investments to which the Bank will participate will not be less than EUR 50 Million. The total amount of the underlying projects will be a multiple of that.
Aspects environnementaux
Where applicable, an environmental analysis will be part of the Intermediaries' due diligence process while appraising projects to be financed by the EIB. The projects will have to comply with national environment legislation and with the obligations of multilateral environmental agreements to which Egypt is a party.
Statut
Signé - 15/05/2002
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).