Release date: 16 September 2015
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
Dedicated EIB loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) (minimum 70% of total loan amount) and mid-caps (up to 30% of total amount) mainly in Spain but also in other EU countries.
Objectives
The loan will be used for the financing of small and medium-sized investment projects in eligible sectors carried out by SMEs and mid-cap enterprises (up to 3,000 employees) in Spain.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with applicable EU legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with applicable EU legislation, as appropriate.
Status
Signed - 15/01/2016
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).