Information note to the Financial Intermediaries Ref.:Call for Expression of Interest JER-004/2 (Lithuania)

Increase in maximum obligor concentration limit for Funded Risk Sharing Financial Instrument transaction

Ref.: Call for Expression of Interest JER-004/2 Lithuania (launched on 05/03/2009, closed on 03/04/2009)

Please note that the European Investment Fund (“EIF”) has changed the maximum obligor concentration limit from 2%, as announced in the information note published on 19 August 2010, to the range of 5% to 8% of total loan portfolio. This product feature was neither a selection nor evaluation criteria with an impact on the Financial Intermediaries selection result. 

Should you decide that you would like to participate in the Financial Instrument due to the above mentioned change, please inform EIF by no later than 09/02/2011; in the event you had decided not to apply earlier, this requires a justification of why the change in the maximum obligor concentration limit to the range of 5% to 8% would have changed your strategy making you submitting the Expression of Interest for the Call for Funded Risk Sharing Financial Instrument (“Call”). 

The letter shall indicate the reference number of the Call (No. JER-004/2). It should be signed by the duly authorized person(s) and sent to the following addresses (both): 

Postal Address:

European Investment Fund
Attention: Regional Business Development Unit
96 Boulevard Konrad Adenauer
L-2968 Luxembourg
LUXEMBOURG 

and  

E-mail address:

Attention: Regional Business Development Unit
info.rbd@eif.org