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    Reference: 20170234
    Release date: 21 November 2018

    Promoter – Financial Intermediary

    BANCO BILBAO VIZCAYA ARGENTARIA SA

    Location

    Description

    The project consists a loan to small and medium-sized enterprises (SMEs) and mid-caps, mainly located in Spain.

    Objectives

    This EIB Multi-Objective multiple beneficiary intermediated loan (MBIL) is with a well-known counterpart. At least 70% of the loan amount will be used to finance small-scale projects carried out by SMEs and mid-caps, the remaining amount could be used to finance small investments in eligible sectors promoted by local authorities and final beneficiaries of any size.

    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 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, as appropriate.

    Status

    Signed - 16/06/2020

    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