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Home | Projects | Velti Corporate Loan

Velti Corporate Loan

Greece | Information Technology
Identification Code:
OP/10/0771
Total Operation Cost:
— EUR
Maturity:
60 months
Operation Status:
BSTDB Approved Amount – Approval Date
15.000.000 EUR – 23 Jul 2010
BSTDB Signed Amount – Signed Date
15.000.000 EUR – 31 Aug 2010
Status:
Completed
Description and Purpose of the Operation:
The operation involves the provision of a medium term senior corporate loan to Velti SA to finance its activities and expansion of the company in Greece and other BSTDB member states.
Countries of Operation:
Greece (100,00%)
Financial Product:
Loans
Sector:
Information Technology
Domain:
Private
Borrower/Client:
Velti Software Products and Related Products and Services SA ("Velti SA"), a company organised under the laws of Greece, based in Greece and covering operations in Greece and South-Eastern Europe, 100% subsidiary of Velti Limited
Co-Financers/Participants:
—
Guarantors/Sponsors:
Velti Plc, a holding company of the group incorporated under the laws of Jersey, the Channel Islands, 100% owner of Velti Limited. Velti Limited, a company incorporated in England and Wales, 100% owner of Velti SA.
Developmental and Regional Cooperation Impact:
This operation will facilitate cooperation between the Bank's member states by supporting growth and expansion of a Greek company to other BSTDB member states and will strengthen the Bank’s visibility and solid reputation of a reliable partner in the Black Sea region. It also has an opportunity to create new employment and generate taxes.
Environmental Classification and Impact:
The Operation is not likely to generate any negative Environmental, Health and Safety (EH&S) impacts as it relates to IT sector. According to the Bank’s Environmental Screening Categories it is categorized as C0 and as such it does not require an Environmental Assessment.
Operation Leader:
Energy & Infrastructure
E-mail:
ei@bstdb.org
As of 28 Feb 2026

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