RLF - RLG - OTP Leasing 2024

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Resilience and Livelihoods Guarantee ("RLG" or the "Project"), under the Resilience and Livelihoods Framework ("RLF"), in the form of an unfunded portfolio risk-sharing instrument covering up to 50% of the credit risk in newly originated sub-leases with the total value of up to EUR 80 million equivalent (the "Covered Portfolio") to be originated by LLC OTP Leasing ("OTPL", the "PFI") in Ukraine. The Project will be delivered in two equal tranches each amounting to up to EUR 40 million of the Covered Portfolio, with Tranche B being uncommitted. The Project will include a sub-limit under the SME Competitiveness and Inclusion programme in the European Union's ("EU") Eastern Partnership blended programme within the Financial Intermediaries Framework ("EaP SMECI sub-limit", assigned with a separate EBRD project number 55374) to finance long term capital investments of micro-, small-, and medium sized enterprises ("MSMEs") to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of EaP SMECI sub-limit), thereby enhancing MSMEs' competitiveness. Eligible sub-borrowers will also receive EU funded technical assistance and grant support in the form of investment incentives upon the completion of their eligible investment projects.