Release date: 26 October 2005
Promoter – Financial Intermediary
Banco Espírito Santo, S.A.Location
Description
Grouped loan for the financing of investment projects of up to EUR 50 million, promoted by medium-sized companies (mid-caps), employing up to 3000 staff.
Objectives
The proposed loan will contribute to promote medium and long-term lending for capital investment with a positive impact on regional development, competitiveness, employment or the protection of the environment.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total cost for each single project.
Environmental aspects
Projects will comply with relevant national and EU Directives, as appropriate.
Procurement
National and EU regulation will apply where applicable.
Status
Signed - 13/12/2005
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).