ING BELGIUM - MID-CAP INITIATIVE

Promoter – Financial Intermediary

ING BELGIQUE

Location

• Belgium

Description

This Mid-Cap Initiative (MCI) operation will be set-up as a risk sharing instrument under the RSFF. The operation will be used to cover 50% of the credit risk associated with a portfolio of new loans originated by ING Belgium. The guaranteed portfolio will be composed of innovative Mid-cap loans having eligible expenditures.

Objectives

Financing of projects carried out by innovative Mid-caps.

Comments

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 150 million

Total cost (Approximate amount)

EUR 300 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 - 30/04/2015