Reference: 20170534
Release date: 10 October 2017

Promoter – Financial Intermediary

REINO DE ESPANA

Location

Description

The product, to be offered to financial intermediaries, consists of an uncapped guarantee providing protection against losses which may occur until maturity of a new portfolio of loans and leases to internationally-oriented SMEs (small and medium-sized enterprises) and mid-caps.

Objectives

Support to the economic development of SMEs and cohesion in priority regions.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 240 million

Total cost (Approximate amount)

EUR 868 million

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Approved - 14/11/2017

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