Other

#ECOI2024017ADecree on Financial Aid for MEUNIER SA

🇫🇷France··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The French government will provide MEUNIER SA with 1.2 million euros in financial aid to support its cash flow, affected by the COVID-19 crisis. This support is delivered through a loan facilitated by Bpifrance Financement SA on behalf of the state.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • The government grants financial aid to MEUNIER SA
  • The aid is a state-facilitated loan
  • Bpifrance handles the loan on behalf of the state

Obligations

What this law requires

high

The State must transfer 1,200,000 euros to MEUNIER SA (SIRET: 309 825 156) through Bpifrance Financement SA in the form of a loan

French State / Bpifrance Financement SA
operational
high

Bpifrance Financement SA must disburse the loan to MEUNIER SA according to the terms specified in the loan contract between the two parties

Bpifrance Financement SA
operational
high

Bpifrance Financement SA must formalize the loan agreement and associated securities on behalf of and for the account of the State

Bpifrance Financement SA
operational
high

The decree must be published in the Journal officiel de la République française

French Government / Journal officiel
disclosure
high

Bpifrance Financement SA must disburse 1,200,000 euros to MEUNIER SA (SIRET: 309 825 156) in the form of a loan on behalf of the French State

Bpifrance Financement SA
operational

Affected Parties

MEUNIER SABpifrance Financement SA

Tags

financial aid,COVID-19,business support