Signature(s)
Amount
€ 90,000,000
Countries
Sector(s)
Spain
: € 90,000,000
Credit lines
: € 90,000,000
Signature date(s)
12/04/2019 : € 15,000,000
20/07/2017 : € 75,000,000
Link to source
Data sheet
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Summary sheet
Release date
22 March 2017
Status
Reference
Signed | 20/07/2017
20160354
Project name
Promoter - financial intermediary
ADE LOAN FOR SMES & MIDCAPS
Agencia de Innovacion y Financiacion Empresarial de Castilla y Leon SA ("ADE")
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 90 million
Not applicable.
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation consists of a loan to the regional financial agency Agencia de Innovación y Financiación Empresarial (ADE). The EIB loan will be used by ADE and its subsidiary, ADE CAPITAL SODICAL SCR, to provide financing to local small and medium-sized enterprises (SMEs) and mid-caps in the form of senior loans, subordinated loans and risk participations.
Financing of small/medium projects carried out by SMEs and mid-caps
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
News & Stories
Link to source
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