Santander Central Hispano SME GL I

Promoter – Financial Intermediary

Santander Central Hispano S.A. (SCH)

Location

• Spain

Description

The credit line will be used to finance small and medium-sized investments carried out by SMEs.

Objectives

The EIB involvement is expected to generate positive effects, mainly in terms of availability of long-term funding, but also in terms of overall financing costs, which would be particularly appreciated by small-scale promoters.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 200 million. The EIB funding would represent up to 50% of individual allocations.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

In accordance with the Bank’s credit line policy, SCH will ensure that national legislation and EU directives will be applied as regards environmental protection

Procurement

In accordance with the Bank’s credit line policy, SCH will ensure that national legislation and EU tendering directives are applied.

Status

Signed - 14/03/2008