Golf Growth Fund :
- Extension investment financing
- Type of intervention: Equity or Debt
- Sectors: all industry, services, finance … except alcohol and tobacco
- Guarantees: (*) case to case (*) last three financial statements certified as beneficiaries
- Ticket: Minimum extension cost 10 million USD
- Equity conditions: exit period of 3 to 5 years / other details after study of the file
- Debt conditions: case to case
Buyer credit:
- Principle: credit granted, for the benefit of the Tunisian diaspora, as imports of Spanish origin
- Investment financing
- Type of intervention: Debt
- Sectors: any industry sector and industry-related services
- Guarantees: (*) case to case (*) financial statements certified as beneficiaries
- Ticket: Minimum project cost 8 million euro
- Debt Conditions:
- To. Fixed interest rate less than 1%
- b. Insurance underwriting in Spain indexed to the sovereign rating of Tunisia (currently 6.07%)
- vs. Repayment terms up to 10 years with 6 months grace period
- d. Financing of 85% of the total cost of the project and 100% of the insurance premium
- e. The project components are of Spanish origin with a tolerance margin of 30% for local purchases (calculated on the basis of Spanish purchases)
Supplier Credit :
- Principle: Guarantee of payment for the benefit of the Spanish diaspora for their exports of Spanish origin in the form of rescheduling of payment in favor of their foreign customers.
- Investment financing
- Type of intervention: Debt
- Sectors: any industry sector and industry-related services
- Guarantees: (*) case to case (*) financial statements certified as beneficiaries
- Ticket: Minimum project cost 500 thousand euros
- Debt Conditions:
-
- To. Fixed interest rate between 1.5% & 2%
- Insurance underwriting in Spain indexed to the sovereign rating of Tunisia (currently 6.07%)
- vs. Repayment periods up to 4 years with a 6-month grace period
- Financing of 85% of the total cost of the project and 100% of the insurance premium
- The project components are of Spanish origin with a tolerance margin of 30% for local purchases (calculated on the basis of Spanish purchases.
SME Credit Line
- Principle: Tunisian Spanish financing line granted for the benefit of Tunisian SMEs subject to the approval of the commercial office of the Spanish Embassy
- Investment financing
- Type of intervention: Debt
- Sectors: any industry sector and industry-related services
- Guarantees: Local bank endorsement
- Ticket: Maximum project cost 2 million SDR “Special drawing rights” (the current equivalent of 2.4 million euros)
- Debt Conditions:
-
- To. Fixed interest rate between 2.75% (retrocession in euros) or 6.75% (retrocession in TD)
- Insurance underwriting in Spain indexed to the sovereign rating of Tunisia (currently 6.07%)
- vs. Repayment periods 15 years with 5 years of grace
- Funding of 100% of the total cost of the project and 100% of the insurance premium
- The project components are of Spanish origin with a tolerance of 30% for local purchases (calculated on the basis of Spanish purchases).
F & EPC (Finance, Engineering, Procurement & Construction)
- Principle: credit and execution of turnkey projects
- Type of intervention: Debt
- Sectors: any industry sector and industry-related services
- Guarantees: Bank guarantee from a First Order bank or Subscription of an insurance policy
- Ticket: Minimum project cost 20 million dollars
- Debt Conditions:
- To. Fixed interest rate between 2 and 2.5% (retrocession in euros) and 3 to 4% (retrocession in USD)
- Minimum component of 35% of Chinese origin of the project
- vs. Repayment periods of 10 -13 years including a grace period relating to the period of implementation of the project
- Funding up to 85% of the total cost of the project. Funding can reach 100% of the project in the event of the provision of a confirmed and irrevocable SBLC (Stand By Letter of Credit) for the entire credit covering the entire repayment period.
- Self-financing of the founder of the project of 2% of the overall cost