Release date: 25 January 2012
Promoter – Financial Intermediary
Banco Popular Español SA
Location
Description
Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%), as well as by mid-cap enterprises up to 30% of the loan amount.
Objectives
Improving access to term finance at favourable conditions, the loan will be dedicated to investments being undertaken by SMEs and Midcap enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.
Status
Signed - 10/05/2012
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).