The operation consists of a EUR 40 million max. framework loan to a regional investment platform set up by several private and public organisations including the regional branch of the Caisse d'Epargne group as cornerstone investor. Managed commercially by private investment firm M Capital, Fonds Tourisme Côte d'Azur provides financial support to projects and businesses (mostly small and medium-sized enterprises (SMEs)) in the tourism sector through types of loans that are not easily available in the market, with the aim of modernising, making greener and more resource-efficient a key industry of the Côte d'Azur area.
No contact information provided at the time of disclosure.
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