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    Reference: 20190447
    Release date: 15 July 2019

    Promoter – Financial Intermediary

    BANCO SANTANDER SA

    Location

    Description

    The projects concerns a loan to finance investments in fleet acquisition and renewal, including commercial fleet for land transport and agricultural machinery. This Multi-Beneficiary Intermediated Loan (MBIL) is a sub-operation under the Loan Fleet Renewal Programme for small and medium sized enterprises (SMES) and Midcaps Spain (2018-0456)

    Objectives

    The purpose is to finance small/medium projects carried out by SMEs and Midcaps.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    not applicable

    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

    Signed - 25/06/2021

    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