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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
France : € 250,000,000
Credit lines : € 250,000,000
Signature date(s)
16/03/2018 : € 250,000,000
Link to source

Summary sheet

Release date
25 January 2017
Status
Reference
Signed | 16/03/2018
20160805
Project name
Promoter - financial intermediary
BPIFRANCE MIDCAP INVESTMENT PLATFORM
BPIFRANCE FINANCEMENT,ACCEPTABLE CORPORATE(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million
EUR 700 million
Location
Sector(s)
Description
Objectives

This guarantee operation will be set-up as an unfunded linked risk sharing investment platform with full delegation to BPI France financement (BpiF). The operation is focused on a non-granular portfolio of new loans BpiF grants to French medium-sized corporates (mid-caps) to promote their business expansion, technology, investment into energy efficiency and other activities.

The purpose of the operation is to increase the capacity of Bpifrance Financement to fund mid-caps, as a result of the regulatory capital relief resulting from the issuance of the guarantee.

Environmental aspects
Procurement

In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all the required measures to ensure that the environment and procurement procedures carried out by the final recipients under the sub-loans comply with the relevant EU environmental and procurement legislation and the applicable national legislation, provided that it is in conformity with EU rules.

The promoter and the final beneficiaries are private companies not operating in the utilities sector and not having the status of a contracting authority. EU directives on public procurement are not applicable.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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