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    Reference: 20200400
    Release date: 6 May 2020

    Promoter – Financial Intermediary

    BANCO SANTANDER SA

    Location

    Description

    The project consists of a multi-beneficiary intermediated loan (MBIL) dedicated to finance investments carried out by self-employed, SMEs and Mid-Caps active in the Agri-food sector. This MBIL is a sub-operation under Programme Loan AGRIFOOD PROGRAMME LOAN SMES & MIDCAPS SPAIN (2019-0363).

    Objectives

    The project will improve competitiveness and access to finance at favorable conditions for SMEs and Mid-caps active in the agri-food sector.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 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 - 8/06/2020

    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