Release date: 12 October 2023
Promoter – Financial Intermediary
SYDBANK A/SLocation
Description
The operation consists in a guarantee covering a portfolio of loans to mid-caps operating across all EIB's eligible sectors in the country. More specifically, the EIB guarantee (an unfunded risk participation scheme under a full delegation approach) will cover up to 50% of the losses with respect to each defaulted loan of a portfolio.
Objectives
The aim is to enable the intermediary to provide more loans to the target beneficiaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 560 million
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
Approved - 10/06/2024
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).