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According to the EBRD, the project consists of a participation of up to EUR 25 million in ESG-linked Schuldschein, German law senior unsecured loan notes, issued by Zeppelin GmbH, Munich, Germany. EUR 10 million will be committed at signing, with EUR 15 million uncommitted.
The Bank's financing will support Zeppelin's operations in Uzbekistan as well as in Armenia and Ukraine.
As stated by the EBRD, Zeppelin GmbH (Zeppelin) is one of the leading international groups active in supply and service of mining and construction equipment and power systems solutions. Zeppelin has been a distribution partner of Caterpillar Inc. since 1954 in Germany and in more than ten countries in Europe and Eurasia, including EBRD's COOs, namely Uzbekistan, Ukraine, Armenia, Czech Republic, Slovakia, Turkmenistan and Tajikistan.
Client - Zeppelin GmbH:
Rolf Steinemann - Head of Group Treasury
Email: Rolf.Steinemann@zeppelin.com
Website: https://www.zeppelin.com/de/en/
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html