Signature(s)
Amount
€ 1,000,000,000
Countries
Sector(s)
Spain
: € 1,000,000,000
Credit lines
: € 1,000,000,000
Signature date(s)
27/11/2014 : € 1,000,000,000
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Data sheet
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Summary sheet
Release date
8 October 2014
Status
Reference
Signed | 27/11/2014
20140531
Project name
Promoter - financial intermediary
ICO LOAN FOR SMES AND MIDCAPS IV
Acceptable bank(s)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 1000 million
Not applicable.
Location
Sector(s)
Description
Objectives
Loan for financing small and medium-sized investments carried out by SMEs and Mid-caps in Spain and the EU.
Instituto de Credito Oficial (ICO) is the financial agency of the Spanish State. This is a standard loan for SMEs with a well-known and financially solid promoter. Projects to be financed under the facility will be in the sectors of industry, services, energy diversification and efficiency and health & education.
Environmental aspects
Procurement
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
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Data sheet
News & Stories
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