Release date: 2 October 2023
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
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)
- Credit lines - Credit lines
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
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).