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Europe Daily Bulletin No. 8506

17 July 2003
Contents Publication in full By article 40 / 44
GENERAL NEWS / (eu) eu/eib
EIB finances Blackburn Hospital Improvement

Luxembourg, 16/07/2003 (Agence Europe) - Works to improve the quality and efficiency of acute hospital services in Blackburn are being supported with a £50 million (€80.4) loan from the European Investment Bank, the European Union's long-term financing institution. EIB's contribution is being financed through a back-to-back index-linked bond issue and by involving EIB, the project has gained access to very long maturity funding at a highly competitive cost. The project is promoted by the...

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