PROJECT

Projects

Summary of Proposed Investment

Project Number

29774

Company Name

ALD AUTOMOTIVE UKRAINE LIMITED LIABILITY COMPANY

Date SPI Disclosed

Apr 20, 2010

Country

Ukraine

Industry

Financial Markets

Projected Board Date

May 20, 2010

Status

Completed

Sector

Leasing Services

Department

Global Industry, Financial Markets

Environmental Category

FI

Previous Events

Approved : May 20, 2010
Signed : May 31, 2011
Invested : Jul 5, 2011

Project Description

In the context of the Joint IFI Action Plan for Central and Eastern Europe (“CEE”), Societe Generale (“SocGen”), which is the French bank with the largest exposure in the CEE region, has approached IFC to provide an investment package to some of its subsidiaries in the region. The proposed Project consists of a senior loan to ALD Automotive Ukraine (“ALD Automotive” or the “Company”), fully owned by ALD International, a leasing subsidiary of Societe Generale Group. The purpose of the loan is to facilitate projected business growth of the Company in the face of the economic recovery in Ukraine.

Sponsor / Cost / Location

Development Impact