Project Summary Documents
Project Summary Documents (PSDs) are disclosed for each project prior to Board
consideration. They contain project descriptions, financial details, client
information, environmental issues, tender guidelines, and contact details.
PSDs for private sector projects are disclosed at least 30 days prior to Board
consideration and for state sector projects, at least 60 days.
Project Summary Documents
Signed projects
Board approval is the final stage in the project approval process. After Board
approval, the EBRD and the client sign the deal and it becomes legally
binding. Signed project lists reflect year-end data.
Signed projects
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Case studies
Benchmark transactions
The EBRD takes a flexible approach to financing. It meets diverse needs within
the sector and can satisfy the different economic and regulatory requirements
in each country.
The Bank provides a wide selection of financing to large and small companies
throughout the region: from standard debt to highly sophisticated instruments
combining debt and equity. Debt financing ranges from corporate loans to
project finance, while equity can be provided at IPO time or though secondary
private placements. EBRD also offers local currency financing, and whenever
possible, it involves commercial banks.
Of the telecommunications and media projects in the EBRD's portfolio, a number
stand out as useful examples of how the Bank has been able to catalyse and
facilitate such transactions in its countries of operations.
From public to
private sector
The prime objective of the Bank is to support the private sector. To do this
it has financed public sector entities as they make the transition into the
private sector.
Investing in larger
companies
The Bank has invested in many major companies in the Region. Such projects can
have a high demonstration effect and a significant impact on the market in any
particular country.
Investing in
smaller companies
The Bank has established a number of equity funds to make investments in
smaller information technology and new economy companies. Investments
typically range from a few hundred thousand Euro up to €5M.
Working with
commercial financing
In times of greater uncertainty, commercial banks increasingly look to the
EBRD to support loan syndication and equity placement transactions. The Bank
seeks to mobilise both commercial and official sources of co-financing,
whenever possible.
Local currency
financing
The EBRD is able, in the more advanced countries, to provide local currency
financing, which is more suited to the needs of its Clients helping them to
mitigate foreign currency risk.
Reconstruction
The Bank has played a vital part in helping some of its countries of operation
reconstruct after periods of internal strife.