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Reference: 20170533
Release date: 31 July 2019

Promoter – Financial Intermediary

CAIXABANK SA

Location

Description

The project consists of a joint EIB - European Investment Fund (EIF, part of EIB Group) guarantee on a mezzanine tranche on a granular corporate loan portfolio of CaixaBank.

Objectives

The operation will support CaixaBank Group's new lending activities in favour of small and medium sized enterprises (SMEs) and Midcaps in Spain.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 840 million

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 - 9/04/2019

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).

Related tags

Spain Credit lines