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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