Release date: 8 April 2019
Promoter – Financial Intermediary
PARTICIPATIEMAATSCHAPPIJ VLAANDERENLocation
Description
The project consists of a EUR 60m maximum loan facility to a regional investment platform set up and co-financed by Participatiemaatschappij Vlaanderenproviding (PMV), the National Promotional Institution for the Belgian region of Flanders, to provide long-term senior loans to small and medium-sized enterprises (SMEs) and mid-caps in Flanders.
Objectives
The objective is to offer a complementary financing instrument for the SMEs and mid-caps in the Flemish region of Belgium.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
EUR 330 million
Environmental aspects
Final beneficiaries will be requested to comply with the applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with the applicable national and EU legislation, as appropriate.
Status
Signed - 20/12/2019
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).