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    Signature(s)

    Amount
    € 325,000,000
    Countries
    Sector(s)
    Spain : € 325,000,000
    Credit lines : € 325,000,000
    Signature date(s)
    14/12/2018 : € 34,300,000
    14/12/2018 : € 64,300,000
    14/12/2018 : € 226,400,000

    Summary sheet

    Release date
    31 July 2019
    Status
    Reference
    Signed | 14/12/2018
    20180457
    Project name
    Promoter - financial intermediary
    CAJAMAR ABS ENHANCED SUPPORT RURAL SMES AND MIDC
    CAJAMAR CAJA RURAL SCC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 325 million
    EUR 972 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a dedicated guarantee enhancing access to loan finance for small and medium sized enterprises (SMEs) and Midcaps (enterprises up to 3,000 employees) operating in the rural sector in Spain, mainly in cohesion regions (for example in Galicia).

    The loan will be used for the financing of small and medium-sized investment projects in eligible industry and services sectors. An indicative 70% of the loan will be used to finance SMEs.

    Environmental aspects
    Procurement

    In line with the EIB's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment, Cajamar Caja Rural will be requested to take all the necessary measures to ensure that the beneficiary SMEs and Midcaps's sub-projects will comply with the relevant EU legislation and the applicable national legislation, provided that this conforms with EU rules.

    In accordance with the EIB's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of public procurement, Cajamar Caja Rural will be requested to take all the necessary measures to ensure that the procurement procedures carried out by the beneficiary SMEs and Midcaps's comply with the relevant EU legislation and the applicable national legislation, provided that this conforms with EU rules.

    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).

    scoreboard - CAJAMAR ABS ENHANCED SUPPORT RURAL SMES AND MIDC
    Publication Date
    8 Jan 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    88094338
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180457
    Last update
    8 Jan 2019
    Sector(s)
    Credit lines
    Countries
    Spain
    Publicly available
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