Release date: 4 October 2013
Promoter – Financial Intermediary
INSTITUTO DE CREDITO OFICIALLocation
Description
Loan for financing small and medium sized investments promoted by SMEs and Mid-caps in Spain and the EU.
Objectives
INSTITUTO DE CREDITO OFICIAL (ICO) is the financial agency of the Spanish State. Standard loan for SME operations with a well-known and financially solid promoter. Projects to be financed under the facility will be in the sectors of industry, services, energy diversification, efficiency and health & education.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 1000 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 22/11/2013
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).