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)
- Credit lines - Credit lines
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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).