Release date: 10 November 2011
Promoter – Financial Intermediary
Hrvatska banka za obnovu I razvitak (“HBOR”)
Location
Description
Loan for SMEs with a Mid-cap tranche for financing SME and medium-sized companies projects (including projects in the field of tourism), small and medium scale infrastructure projects promoted by local authorities and any size industrial investment in the fields of the knowledge economy, energy and environmental protection.
Objectives
Improving access to term finance at attractive conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million including a Mid Cap tranche up to EUR 50 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Legal documentation will stipulate the obligation for financial intermediaries to ensure that projects financed under this loan are in line with relevant national and/or EU environmental legislation.
Procurement
Legal documents oblige the borrower to ensure that equipment purchases, services and works are procured in compliance with Bank’s usual criteria.
Status
Signed - 10/02/2012
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).