IIB further promotes direct investment in the automotive industry of its member states: financial support provided to Faurecia SE
International Investment Bank acted as an investor in Schuldscheindarlehen (SSD) issue of the French Faurecia SE Group, one of the global leaders in the development of innovative solutions, technologies, components and interfaces for the automotive industry. The total volume of resources allocated by IIB amounts to EUR 50 mln with Commerzbank AG and Helaba acting as lead arrangers for the deal. According to the terms of the loan agreement, IIB's funds provided for up to 8 years would be… Read more