InvestEU: first loan guarantees approved for Caisse des Dépôts

As part of the guarantee agreement signed on 20 December 2022 between the European Commission and CDC for €350 million, the InvestEU Investment Committee approved an initial €80m guarantee for two debt framework operations offered by CDC: tourism recovery (prêts relance tourisme - PRT) and urban renewal (prêts renouvellement urbain - PRU). The InvestEU guarantee will enable CDC to deploy its loans more quickly to support sustainable tourism and priority districts.