BANKIA LOAN FOR SMES AND MIDCAPS III

Promoter – Financial Intermediary

BANKIA SA

Location

• Spain

Description

Dedicated EIB loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) (minimum 70% of total loan amount) and mid-caps (up to 30% of total amount) in Spain.

Objectives

The loan aims to facilitate SME and mid-cap access to long-term financing at attractive terms. Many of the allocated loans will fund investments covered under the SME Initiative signed in Spain.

Sector(s)

• Credit lines

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 applicable EU legislation, as appropriate.

Procurement

The Bank will require that projects financed under this operation comply with domestic and applicable EU legislation, as appropriate.

Status

Signed - 14/01/2016