The Board of Directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, approved USD 75 million in financing for the first investment fund focused on making mezzanine debt investments ever to be supported by the agency. The fund will invest in small and medium-sized enterprises (SMEs) in Central and Eastern Europe (CEE), where the global financial crisis has severely restricted capital critical for SMEs’ growth.
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