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Reference: 20200334
Release date: 4 August 2020

Promoter – Financial Intermediary

PSA FINANCIAL SERVICES SPAIN EFC SA

Location

Description

Multi-beneficiary intermediated loan (MBIL) for the purposes of on-lending to small and medium-sized enterprises (SMEs) and mid-caps that have been affected by the COVID-19 pandemic.

Objectives

Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs).

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 250 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 - 13/10/2020

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