LCL SOUTIEN ZONES MEDICALES EN TENSION MBIL

Promoter – Financial Intermediary

CREDIT LYONNAIS

Location

• France

Description

The operation is a EUR 200 million multiple beneficiary intermediated loan (MBIL) which aims at facilitating access to long-term finance for projects carried out by professionals/small and medium-sized enterprises (SMEs) active in the healthcare and pharmaceutical sectors in France with a specific 20% window dedicated to regions where access to medical experts is sub-optimal/underserved.

Additionality and Impact

The facility aims at supporting investments made by professionals and SMEs active in the healthcare sector in France with a specific focus on underserved regions.

EIB intervention will enable to improve the competition between FIs active on this market and will improve funding conditions for healthcare professionals (pricing decrease is contractually stated). In addition, through its specific focus on underserved regions, the proposed operation is expected to support professional willing to settle down in these regions where access to medical offer is limited and hence improve citizen's access to medical professional across the territory.

Objectives

Financing of small/medium projects carried out by professionals and SMEs active in the healthcare and pharmaceutical sector in France.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

not applicable

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 - 7/10/2021