Release date: 22 September 2023
Promoter – Financial Intermediary
ELKARGI SGRLocation
Description
The project consists in a linked risk sharing operation to support small mid-caps in Spain operating in EIB's eligible sectors.
Objectives
The aim is to provide eligible beneficiaries with the much needed liquidity and funds to weather the current challenging economic environment and continue their medium to long-term development.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 140 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
Under appraisal
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).