Release date: 5 February 2014
Promoter – Financial Intermediary
BANCO SANTANDER SALocation
Description
Dedicated EIB loan for SMEs and Mid-Caps to finance small and medium-sized projects, mainly in Spain but also in other EU countries.
Objectives
The loan will be fully dedicated to investments being undertaken by SMEs and Midcap enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 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 - 8/05/2014
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).