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    Reference: 20150729
    Release date: 18 January 2016

    Promoter – Financial Intermediary

    CAIXABANK SA

    Location

    Description

    Dedicated EIB loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps, mainly in Spain but also in other EU countries. It is expected that a significant part of the loan will fund investments covered by the SME Initiative signed in Spain.

    Objectives

    At least 70% of the loan amount will be used for the financing of SMEs. Up to 30% of the total amount could be used in small investment projects in eligible sectors carried out by mid-cap enterprises (up to 3 000 employees).

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 450 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

    The Bank will require that projects financed under this operation comply with EU applicable legislation, where applicable.

    Status

    Signed - 26/10/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Spain Credit lines