#ECOI2613370ARescheduling of State Cash-Support Loan No. DOS0226782
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The measure reschedules a €2 million State-backed cash-support loan issued under France’s ad hoc aid scheme for companies weakened by the Covid-19 crisis. The loan is handled through Bpifrance, which will update the financing agreement, related security arrangements, and repayment schedule on behalf of the State.
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Key Changes
- Reschedules State-backed loan No. DOS0226782 for €2 million
- Confirms that Bpifrance will manage the contractual update on behalf of the State
- Requires adjustment of the financing agreement, security arrangements, and repayment schedule
Obligations
What this law requires
Bpifrance SA, acting on behalf of the French State, must regularize the amendment to financing agreement no. DOS0226782 for the €2,000,000 cash-support loan.
Bpifrance SA, acting on behalf of the French State, must regularize the security arrangements provided for in connection with loan no. DOS0226782.
The French State, through Bpifrance SA, must reschedule the €2,000,000 ad hoc cash-support aid loan no. DOS0226782 granted to a company weakened by the Covid-19 crisis.
The Director General for Enterprises must ensure execution of the order and its publication in the Journal officiel de la République française.