Closed since january 25th 2012

The Credit Line PME INVESTE VI – ADITAMENTO (Addenda) was contractually arranged on 23 December 2010 with the Credit Institutions, and an overall amount of 1,500 million Euro, with two Specific Lines aimed at:

Specific Micro and Small Enterprises Line : EUR 500 million;

Specific General Line: 1,000 million Euro. Within this line, there is a “General Allocation” in the amount of 500 million Euro and a “Exporting Companies Specific Allocation” in the amount of 500 million Euro.

Financing new investments in tangible and intangible fixed assets (performed within 6 months after the date of hire);

Enhancement of working capital or fixed capital;

Up to 30% loan to settle debts with the financial system in the 3 months prior to the contracting of the operation and intended exclusively for the settlement of Tax and Social Security debts.

MTL, property leasing and leasing of equipment.

Credit transactions classifiable under the PME INVESTE VI – ADITAMENTO benefit from a mutual guarantee over 50% of the value of each financing, except in the case of exporters which have not had previous transactions within the PME Invest, benefiting from an increase Mutual Guarantee of 60% of principal outstanding.

Partial subsidised spread in case of Specific Micro and Small Enterprises Line;

Full rebate of the mutual guarantee commission.

The amounts to be funded under this line are combinable with funding provided under the previous Credit Lines PME INVESTE, although, under the Specific Micro and Small Enterprises Line the maximum cumulative amount of transactions, taking into account the operations proposed under PME INVESTE VI – ADITAMENTO and operations engaged in similar lines of previous PME INVESTE arrangements, cannot exceed 100,000 Euro of contracted accumulated loans.

For more information see the Disclosure Document.

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