The European Investment Bank Group (EIB Group) is expanding its cooperation with Deutsche Leasing Romania IFN SA (DLRO), part of the Deutsche Leasing Group, by signing a synthetic securitization transaction along with new lending commitments that will boost liquidity for Romanian businesses.
EIB Group and Deutsche Leasing Romania unlock 370 million Euro for private sector financing thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.
Deutsche Leasing Romania’s Receivables Portfolio Securitisation
White & Case LLP advised the European Investment Bank (EIB) and the European Investment Fund (EIF) on the …
EIB to provide 370 mln euro to Deutsche Leasing Romania to back coronavirus-hit cos Source: European Union External Action
BUCHAREST (Romania), February 1 (SeeNews) - The European Investment Bank Group (EIB Group) said on Monday it will provide 370 million euro ($447 million) leasing finance to Deutsche Leasing Romania to support local companies active in sectors affected by COVID-19.
The support is backed by a guarantee from the European Fund for Strategic Investment (EFSI), EIB said in a press release.
The new initiative will enhance the resilience of Romanian business to the economic, social and health impact of COVID-19 and is part of the EIB Group’s private sector response to the pandemic.