Residential GEFF Moldova - MAIB

signed

A senior unsecured loan in the EUR-equivalent of up to 15 million to BC MAIB SA under Residential Green Economy Financing Facility Moldova ("RGEFFM") for on-lending to the residential sector (individuals, housing associations, service providers, technology vendors and producers, and construction companies along the residential building supply chain) for green economy investments in Moldova. The loan will be provided in two equal tranches with the second tranche uncommitted. Each tranche will be available for disbursement in Moldovan Lei or in EUR. The proposed project will be supported by donors such as the European Union ("EU") and the government of Norway through High-Impact Partnership on Climate Action ("HIPCA") for financing Investment Incentive payments to eligible end-borrowers, first loss guarantee in support of the local currency operations and Technical Cooperation ("TC").