|
Minimum project cost |
Maximum payback period |
Maximum financing term |
Minimum initiator funds volume |
|
3 billion rubles |
30 years |
20 years |
20% |
The Project Finance Factory is a modern mechanism for financing investment projects in priority sectors of the Russian economy. Borrowers can receive funds based on syndicated loan (credit) agreements involving commercial banks and VEB.RF. At the same time, state support measures are applied to help increase the volume of lending for specific projects. The VEB.RF team selects potential projects, participates in structuring the financing, and acts as a credit manager within the syndicate.
Project selection criteria:
The Factory mechanism involves the following state support measures:
· subsidizing the interest rate for lenders within the syndicate;
· provision of a state guarantee for "factory" bonds.