Belgian Corporation for International Investment
Last updated on 08 Mar 2024
Key facts
SFPIM provides capital and know-how for international investments made by Belgian private sector companies
MIXED
1971
Credit rating (Fitch)
AA-
Foreign currency
Country trade data
2022 top export sectors
Chemicals
29%
Machinery/electrical
10%
Transportation
10%
Fuels
9%
Metals
8%
2022 export destinations
Products
- Range of quasi-equity products
- Commonly subordinated loans or profit participating loans are provided on the level of the foreign subsidiary
- Financing typically includes fixed interest rate with a profit-sharing aspect and, occasionally including conversion options
- Term and grace periods are tailored to the specific needs of the project
- Equity participations on the level of the foreign entity
- Majority equity holding by the Belgian company is required
- SFPIM-International, with the support of its main shareholder, has access to close to EUR 100 million investment capacity
- Amounts: Typically EUR 2-10 million; more possible via syndication
- SFPIM-International expects a matching contribution by the Belgian partner
Policies
- Eligible projects include new projects, expansions of existing projects and acquisitions of existing companies abroad
- All projects co-financed must show an overall favorable impact on the Belgian economy
- Timeline from first contact to final approval: 3-4 months
