RSF SME & Midcaps OTP Leasing Ukraine

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The proposed investment consists of an unfunded risk sharing facility (RSF) with LLC OTP Leasing (OLU or the Company) for a portfolio of up to €50 million consisting of eligible leases to small, medium-sized enterprises (SMEs) and larger companies (Midcaps) in Ukraine, where IFC’s risk participation will be up to 50% (€25 million) of the aforementioned portfolio (the Project). The objective of the Project is providing the Company with a de-risking instrument and helping it expand leasing to SMEs and Midcaps, with up to 100 percent of the RSF portfolio being earmarked to financing of energy-efficiency and distributed energy generation projects, in particular climate smart agriculture and green vehicles (Clean Energy Solutions). The Project is expected to be supported by Blended Finance contributors under the Economic Resilience Action (ERA) Program for Ukraine, as described in the Blended Finance section.