Release date: 28 April 2005
Promoter – Financial Intermediary
German Public BankLocation
Description
The project concerns a sector dedicated i2i global loan, with a risk-sharing window under the Structured Finance Facility to support small and medium-sized RDI projects in the automotive supply industry.
Objectives
With the proposed facility, the EIB would help
- to improve the automotive suppliers terms of financing,
- to leverage the financing institutions' credit lines for automotive suppliers and the automotive sector, thus accelerating small and medium RDI projects,
- to support the development of IPR-based collateralization mechanisms, in order to allow R&D intensive SME or midcap-type companies to mobilize self-developed intangible assets for finance purposes.
Comments
Manufacturing.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million global loan window
EUR 50 million risk-sharing window under SFF
Total cost (Approximate amount)
Not applicable
Environmental aspects
The project’s compliance with all applicable national and EU environmental legislation will be verified during appraisal.
Procurement
Procurement regulations do not apply to this private industry project.
Status
Approved - 13/12/2005
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).