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LA CAIXA LINE FOR LOCAL AUTHORITIES I

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Spain : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
28/11/2011 : € 200,000,000
Link to source
Data sheet
LA CAIXA LINE FOR LOCAL AUTHORITIES I
Other links
Summary sheet
La Caixa Line for Local Authorities I
Related press
Spain: EIB and CaixaBank support social amenities

Summary sheet

Release date
8 June 2011
Status
Reference
Signed | 28/11/2011
20110030
Project name
Promoter - financial intermediary
La Caixa Line for Local Authorities I

Caja De Ahorros y Pensiones de Barcelona (La Caixa)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable
Location
Sector(s)
Description
Objectives

EIB credit line for local authorities to finance public projects of limited scale carried out by public sector authorities, mostly in convergence regions of Spain.

It is expected that a considerable portion of the funds will be allocated to projects in convergence areas of Spain, where municipal and regional infrastructure development are below the EU average.

Environmental aspects
Procurement

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.

Link to source
Summary sheet
La Caixa Line for Local Authorities I
Other links
Data sheet
LA CAIXA LINE FOR LOCAL AUTHORITIES I
Related press
Spain: EIB and CaixaBank support social amenities

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).

News & Stories

Link to source
Related press
Spain: EIB and CaixaBank support social amenities
Other links
Data sheet
LA CAIXA LINE FOR LOCAL AUTHORITIES I
Summary sheet
La Caixa Line for Local Authorities I

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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