Reference:
20140531
Release date: 8 October 2014
Release date: 8 October 2014
Promoter – Financial Intermediary
Acceptable bank(s)Location
Description
Loan for financing small and medium-sized investments carried out by SMEs and Mid-caps in Spain and the EU.
Objectives
Instituto de Credito Oficial (ICO) is the financial agency of the Spanish State. This is a standard loan for SMEs with a well-known and financially solid promoter. Projects to be financed under the facility will be in the sectors of industry, services, energy diversification and efficiency and health & education.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 1000 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 27/11/2014