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    Reference: 20230219
    Release date: 2 October 2023

    Promoter – Financial Intermediary

    BANCO DE SABADELL SA

    Location

    Description

    The operation will provide Sabadell with a loan to finance projects carried out by small and medium-sized enterprises (SMEs) and mi-caps in Spain.

    Objectives

    The aim is to enhance access to finance for the target beneficiaries, a well-known and financially solid promoter with a proven track-record in allocating EIB funds. The operation will have a special focus on Cohesion regions, which represent about 60% of Spanish GDP.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 500 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 - 26/09/2023

    Milestone
    Under appraisal
    Approved
    Signed
    2 August 2023
    26 September 2023

    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