EIF's first loss portfolio guarantee agreement in the Auvergne Rhône-Alpes Region

  • Posted 13.05.2024
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Under the lead of Partner Ana Bramao, Elvinger Hoss Prussen assisted the European Investment Fund (the “EIF”) with the implementation of a first loss portfolio guarantee agreement, which will be entered into between the EIF and various financial intermediaries in the Auvergne Rhône-Alpes Region. This financing support targets the financing needs of farmers and enterprises active in the agricultural, agro-industry, and forestry value chains, which is co-financed by the European Agricultural Fund for Rural Development ("EAFRD").

The EIF is part of the European Investment Bank Group, its mission is to improve access to finance for SMEs and small mid-caps in Europe. We do this by supporting emerging and established fund managers with equity investments and by designing debt financing instruments that share the risk taken by financial institutions when they lend to or invest in small businesses. We bring this support closer to entrepreneurs through our extensive network of partners and financial intermediaries in all EU Member States and associated countries.

The team at Elvinger Hoss Prussen was led by Partner Ana Bramao assisted by Associate Alessandro Muscarella on the financing aspects and by Partner Tiago Nogueira assisted by Associate Pauline Bazin on the CRR aspects.