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    Référence: 20230909
    Date de publication: 4 juin 2024

    Promoteur – Intermédiaire Financier

    CAIXA GERAL DE DEPOSITOS SA

    Lieu

    Description

    Through the intermediary, the linked risk-sharing operation (own-resources; full delegation) will support Midcaps and Public Sector Entities primarily based in Portugal.

    Additionality and Impact

    The proposed transaction consists of a fully-delegated linked risk sharing guarantee between the EIB and Caixa Geral de Depositos ("CGD"), a financially solid promoter and repeat counterpart of the EIB. The operation will enable CGD to finance small and medium-sized investment projects in eligible sectors carried out by Mid-Caps enterprises, as well as Public Sector Entities ("PSEs"), operating in Portugal.

    The guarantee aims to promote and accelerate private sector investments as well as facilitating access to finance for Mid-Caps, a backbone, together with SMEs, in terms of growth and employment for the Portuguese economy. The operation will help addressing the working capital, liquidity needs and investment constrains of Mid-Caps.

    Objectifs

    The aim is to enhance access to finance to the target beneficiaries and ensure they continue to have the much needed liquidity to operate. The transaction fills a market gap by meeting the financial constraints of mid-caps facing economic uncertainty exacerbated by inflation, supply chain disruptions, energy security and lasting effects of the pandemic. The operation contributes to the EIB transversal Cohesion objective, estimating 64% of the Midcaps and Public Sector Entities beneficiaries to be in cohesion priority regions.

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    EUR 150 million

    Coût total (montant approximatif)

    EUR 420 million

    Aspects environnementaux

    The EIB requires that projects financed under this operation comply with EU applicable legislation, as appropriate and where applicable.

    Passation des marchés

    The EIB requires that projects financed under this operation comply with EU applicable legislation, as appropriate and where applicable.

    Statut

    Signé - 30/07/2024

    Milestone
    À l'examen
    Approuvé
    Signé
    23 juillet 2024
    30 juillet 2024

    Clause de non-responsabilité

    Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
    Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

    Mots-clés correspondants

    Portugal Lignes de crédit