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Reference: 20230917
Release date: 3 October 2024

Promoter – Financial Intermediary

LUZARO ESTABLECIMIENTO FINANCIERO DE CREDITO SA

Location

Description

The operation consists in a loan to support the intermediary in financing small and medium-sized enterprises and mid-caps in Spain, mainly located in the Basque Country.

Objectives

The aim is to finance small/medium projects carried out by the target beneficiaries.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 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 - 21/02/2025

Milestone
Under appraisal
Approved
Signed
3 December 2024
21 February 2025

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