Release date: 3 May 2004
Promoter – Financial Intermediary
Banco Sabadell.Location
Description
Global loan for financing projects of limited scale promoted by SMEs, mainly in industry, tourism and services but also in infrastructure, environmental protection and improvement, energy, health, education and housing.
Objectives
This global loan will be used to support the investments of SMEs in Spain.
Comments
Industry, services, tourism, infrastructure, energy, environ-mental protection, health, education and housing.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 m. The EIB funding would represent up to 50% of individual allocations and about 33% of total investment in projects.
Total cost (Approximate amount)
Approximately EUR 450 m.
Environmental aspects
In accordance with the Bank’s global loan policy, Banco Sabadell will ensure that national legislation and EU directives will be applied as regards environmental protection.
Procurement
In accordance with the Bank’s global loan policy, Banco Sabadell will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 14/06/2004