Saint Gobain Packaging Equity Facility

complete

The aim of the project is to: The REF is expected to have a strong transition impact, as it will contribute to the restructuring of the food and beverage industry in the area of packaging as well as marketing and distribution. It will help to develop technological and management know-how as a result of continuous support from SG Packaging and the training of local personnel. It will also contribute to domestic market expansion with greater choice, better quality packaging and customised products. Saint Gobain Packaging Division (“SG Packaging”) of the Compagnie de Saint-Gobain. The Compagnie de Saint-Gobain is the leading building material group, manufacturing and distributing engineered materials (glass, ceramics, plastics, cast iron, and other), with a market capitalisation of EUR 16 billion. SG is rated A-/A2 by S&P's and A2 by Moody's with stable outlook. With 20,000 people spread across its world-wide operations, SG Packaging is a major global player in three business areas: Uncommitted EUR 25 million Regional Equity Facility (“REF”) for equity co-investments with SG Packaging in several of the Bank’s countries of operation. To be determined on a case-by-case basis. At the EBRD's discretion, the Bank’s equity contribution in each sub-project can be up to 25 per cent of total project costs. Screened C/1. Each sub-project is approved by the EBRD on an individual basis upon review of the environmental due diligence report prepared by the Client, with due regard to the EBRD’s environmental policies and procedures. An environmental action plan will be jointly agreed. The Client will report annually to the EBRD on the environmental, health and safety performance of the sub-projects encompassed by the REF. None. Email: information.packaging@saint-gobain.com