ICO GLOBAL GUARANTEE FOR SMES

Promoteur – Intermédiaire Financier

INSTITUTO DE CREDITO OFICIAL

Lieu

• Espagne

Description

Dedicated structure for financing small and medium size investments carried out by SMEs in Spain. The proposal is structured in the form of an EIF/EIB guarantee for a series of ABS schemes under which ICO acts as liquidity provider. Funds released via the EIF/EIB guarantee will be on-lent to SMEs by ICO under standard procedures for Global loan for SMEs.

Objectifs

Improving access to term finance at favourable conditions.

Commentaires

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 300 million

Coût total (montant approximatif)

EUR 600 million

Aspects environnementaux

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Passation des marchés

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Statut

Signé - 14/08/2013