Reference:
20040630
Release date: 26 October 2005
Release date: 26 October 2005
Promoter – Financial Intermediary
Banco Espírito Santo, S.A.Location
Description
Grouped loan for the financing of investment projects of up to EUR 50 million, promoted by medium-sized companies (mid-caps), employing up to 3000 staff.
Objectives
The proposed loan will contribute to promote medium and long-term lending for capital investment with a positive impact on regional development, competitiveness, employment or the protection of the environment.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total cost for each single project.
Environmental aspects
Projects will comply with relevant national and EU Directives, as appropriate.
Procurement
National and EU regulation will apply where applicable.
Status
Signed - 13/12/2005