When choosing a financing instrument, the company shall assess how the company’s financial condition and indicators will change after receiving the aid.

Aid measure

Shares and hybrid instruments

When should it be chosen? If the company’s debt financial indicators are not good, the recommendation is to opt for aid in the form of shares and hybrid instruments that have or may have characteristics of share capital or share capital instruments (convertible bonds, mezzanine loans, preferred shares, ordinary registered shares).
Maximum term 6 years

Additional conditions

A subordinated loan to a large company cannot exceed 8.4 % of its turnover in 2019 and to a medium-sized company - 12.5% of its turnover in 2019.

The amount of funds for recapitalization may not exceed the difference that has formed in the company’s capital structure during the period from 31 December 2019 till the date of the decision to invest.

If the support is needed for a longer period of time, and the company’s debt financial indicators are good enough, the recommendation is to opt for aid in the form of debt securities.

Having decided to apply for support, the company shall complete an application (download an application form).

The application shall provide information about the company, its shareholders and managers, the need for financing, operating forecasts for several years, its financial condition in the last three financial years, etc., which shall be as detailed as possible.

Submit a completed application

 

Last updated: 28 10 2020