RLF - OTPL LCY Loan 2025

signed

A senior unsecured local currency denominated loan of up to EUR 20 million equivalent with a tenor of 3 years to be provided to OTP Leasing LLC ("OTPL", the "PFI"). This medium-term local currency funding will be provided under the EBRD's Resilience and Livelihoods Framework and FIF - EaP SMECI  Framework and will be used by OTPL for on-lending to private SMEs in Ukraine. Up to EUR 10 million of the loan will be directed to finance SMEs' long-term investments under the EU4Business-EBRD Credit Line with Incentives (within a dedicated "SMECI sub-limit" assigned with a separate EBRD project number 56846). This will enable financing of long-term capital investments of SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the sub-limit), thereby enhancing their competitiveness. Eligible sub-borrowers will also receive EU- and Shareholder Special Fund (SSF)-funded technical assistance and US-funded grant support in the form of investment incentives upon the completion of their investment projects.