Signature(s)
Amount
€ 500,000,000
Countries
Sector(s)
Spain
: € 500,000,000
Credit lines
: € 500,000,000
Signature date(s)
28/05/2024 : € 8,400,000
28/05/2024 : € 60,000,000
28/05/2024 : € 431,600,000
Link to source
Data sheet
Other links
Summary sheet
Release date
30 May 2024
Status
Reference
Signed | 28/05/2024
20230902
Project name
Promoter - financial intermediary
SANTANDER ABS FOR SME SUPPORT II
BANCO SANTANDER SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation consists in the purchase of several tranches of a true-sale securitisation to stimulate lending to small and medium sized businesses (SMEs) and midcaps.
The aim is enhancing access to finance to the target beneficiaries.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Milestone
Under appraisal
Approved
Signed
17 May 2024
28 May 2024
Link to source
Summary sheet
Other links
Data sheet
News & Stories
Link to source
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