Reference:
20230919
Release date: 4 October 2024
Release date: 4 October 2024
Promoter – Financial Intermediary
UNICAJA BANCO SAULocation
Description
The operation is a "de-linked risk sharing guarantee" aimed at providing new lending to small and medium sized businesses (SMEs) and mid-caps in Spain. The guarantee facility will be used to cover up to 50% of the credit risk associated with Unicaja's corporate and midcap loan portfolio.
Objectives
The aim is to finance small/medium projects carried out by the beneficiaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 560 million
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
Approved - 21/03/2025
Milestone
Under appraisal
Approved
21 March 2025