Co-financing

Co-financing

A type of financing in which the different lenders agree to fund under the same documentation and security packages but may have different interest rates, repayment profiles, and terms.

Co-Financing

The act or practice in which two different lenders agree to finance a single project for a borrower. For example, two lenders may agree to extend loans to start a business. The co-financiers use the same information and documentation when executing this arrangement, but the loans may have different terms. See also: Cofinancing agreement.
References in periodicals archive ?
Earlier this year the EU Bank provided EUR 500 million for co-financing projects in Hungary under the country s Integrated Transport Development and Environment and Energy Efficiency Operational Programmes and the Connecting Europe Facility.
The co-financing facility will initially be used for transport and environment sector investments but may be extended to the other EU funds programmes for regional development, economic competitiveness, human resources development and agriculture, if requested by the Bulgarian government.
Prior Information Notice: Credit line for pre-financing and co-financing of projects co-financed from eu funds in 2015-2020.
Co-financing of specialization trainings for nurses and midwives (regarding 4 trainings x 25 training places).
This co-financing will be done through public private partnership, he added.
IDB Invest will propose to SOFID potential operations for co-financing between both entities.
Earlier this year, the DFI announced its co-financing partnership on the world's first fully-painted feature film, Loving Vincent, a cinematic ode to the remarkable life of legendary artist Vincent van Gogh.
The Philippines expects approval of the first project it pitched for co-financing with the Asian Infrastructure Investment Bank in the coming weeks while Manila presses the China-led lender to also show it can finance projects on its own.
This is a mechanism for the co-financing of projects developed with EU funds under the operational programmes, co-financed by the European structural and investment funds for the 2014-2020 programming period.
The European Parliament said that it agreed to extend Cyprus's eligibility for an 85 per cent co-financing ratio for European programmes beyond June 2017.
Global Banking News-August 29, 2016--AIIB seeks co-financing with partners
Doha Film Institute has signed a co-financing agreement on The Idol (Ya Tayr El Tayr), a biopic of Mohammad Assaf, the wedding singer from Gaza who went on to win the Arab Idol in 2013.