ATF Bank Energy Financing (Unicredit Group)

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The EBRD is making investments worth a total of EUR 432.4 million to UniCredit subsidiaries across eight eastern European countries, as part of a joint effort to tackle the impact of the global economic crisis on the region. The aim is to provide medium and long-term debt financing through Unicredit subsidiaries in support of SMEs, lease finance and energy efficiency projects. The EBRD investments are part of the joint pledge by the EBRD, the World Bank Group and the European Investment Bank (EIB) to provide over EUR 24 billion in support of the banking sectors in the region and to fund lending to businesses hit by the global crisis. The EUR 432.4 million investments consist of debt and Tier 2 capital for UniCredit subsidiaries in support of SMEs, lease finance and energy efficiency projects across eight countries. The SME credit lines will contribute to the transition process by supporting the constrained SME market and maintaining an essential flow of lending to this group of enterprises. The Energy Efficiency credit line will generate transition impact by demonstrating the benefits of energy conservation and promoting the expansion of energy efficiency lending. The Tier 2 capital (to Ukrsotsbank) will strengthen its capital base, while at the same time sustaining lending to enterprises in the country. Eleven UniCredit Group subsidiaries in eight countries of EBRD’s region. UniCredit is the largest banking group in the central and eastern European region, with over 4,000 branches in 19 countries. The group has invested around EUR 10 billion of equity in central and eastern Europe and has around EUR 85 billion of total customers’ loans in the region. No Client Country Type of finance Loan currency Amnt mln EUR mln 1 UC Bank Hungary Hungary SME EUR 50.0 2 Bulbank Bulgaria SME EUR 50.0 3 Zagrebacka Banka Croatia SME EUR 50.0 4 UC Bank Serbia Serbia SME EUR 30.0 5 UC Bank Bosnia Bosnia SME EUR 30.0 6 UC Leasing Serbia Serbia leasing EUR 15.0 7 UC Leasing Bosnia Bosnia leasing EUR 15.0 8 UC Leasing Ukraine Ukraine leasing USD 25 19.6 9 ATF Kazakhstan SME USD 70 55.0 10 ATF Kazakhstan Energy Efficiency USD 30 23.6 11 Ukrsotsbank Ukraine Tier 2 capital USD 100 78.5 12 ATF Kyrgyzstan Kyrgyzstan SME USD 20 15.7 Total : 432.4 A total of EUR 432.4 million. The UniCredit subsidiary borrowers will be required to comply with EBRD’s Environmental Performance Requirement (“PR”) 9 when making local loans and borrowers will be required to conduct their business in accordance with PR 2. The borrowers will be required to comply with applicable national environmental, health and safety and labour requirements, adhere to the EBRD's Environmental and Social Exclusion and Referral Lists, and submit annual environmental and social reports to the Bank. None, except for the energy efficiency credit lines where technical assistance is an integral part of the funding. Michael Schlögl and Massimiliano Sinagra UniCredit Bank Austria Member of the UniCredit Group 8323 Group ALM Julius-Tandler-Platz 3 1090 Wien / 1090 Vienna Österreich / Austria Tel. / Phone +43 (0) 50505 82568 or 82055 Fax +43 (0) 50505 82562