Investment finance
Medium-term finance carrying a maturity of up to three years is available to finance business activities or cover investment plans. The Bank proposes to the corporate segment a wide range of long term finance based on tailored made solutions in order to finance industrial development, financial restructuring.
Long- term finance, with a maximum maturity of eight years, is granted for more complex business activities, such as large-scale capital investment plants usually connected with project funding.
A buyer's credit is intended to finance exports of deliveries and services on the basis of a policy extended by an ECA. After effectiveness of the loan agreement, payments are made directly to the exporter against presentation of documentary evidences, either for deliveries effected or services rendered. If necessary, supplementary financing for down payment and financing of local costs is available. By combining buyer's credits with financing of down payment and local costs, attractive financial packages which enhance the exporter's competitive edge can be put together.
A syndicated lending relationship is one in which two or more banks (the syndicate) contract with a borrower to provide credit on common terms and conditions governed by a common document. Services by our arranging capacity include drafting and negotiating term sheets, inviting potential participating banks, drafting and distribution of the information memorandum, mandating outside experts such as lawyers for drafting documentation and legal opinions, negotiating documentation, arranging bank meetings and signing ceremonies.
The bridge financing is short-term financing which is expected to be paid back relatively quickly, such as by a subsequent longer-term loan. Bridge loans are usually used for financing different payments made by developers (preliminary expenses of the project: architectural fees, building permits, etc). Such loans must be backed up by a clear exit (sale of a property, different in-flows or even a refinancing loan).
