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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Spain : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
4/03/2005 : € 100,000,000
Link to source
Data sheet

Summary sheet

Release date
26 October 2004
Status
Reference
Signed | 04/03/2005
20040502
Project name
Promoter - financial intermediary
Dexia Sabadell Banco Local (Global Loan II)
Dexia Sabadell Banco Local, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 m. The EIB funding would represent up to 50% of individual allocations and about 33% of total investment in projects.
Not available.
Location
Sector(s)
Description
Objectives

The global loan will be used to finance infrastructure investments of local authorities and public sector institutions, mainly located in assisted areas, following the allocation and information procedures standard in EIB global loan transactions.

Over 70% of the Global Loan will be allocated to projects in Objective 1 and 2 areas of Spain. In this respect, it will contribute to Spain’s convergence with the EU.

Environmental aspects
Procurement

In accordance with the Bank’s global loan policy, DSBL will ensure that national legislation and EU directives will be applied as regards environmental protection.

In accordance with the Bank’s global loan policy, DSBL will ensure that national legislation and EU tendering directives are applied.

Comments

Infrastructure, energy, environmental protection.

Link to source
Other links

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).

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