Release date: 15 December 2016
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
Loan to finance small and medium-sized enterprises (SMEs) and mid-caps in Spain and other EU countries. This is an operation under the EU Programme Loan for SMEs and Mid-caps.
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)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 250 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
The Bank will require that projects financed under this operation comply with domestic and applicable EU legislation.
Status
Signed - 21/12/2016
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).