BANKINTER LOAN FOR LOCAL AUTHORITIES

Promoter – Financial Intermediary

BANKINTER SA

Location

• Spain

Description

EIB credit line for local authorities to finance public projects of limited scale carried out by public sector authorities in Spain, partly in convergence regions.

Objectives

Improving access to term finance at favourable conditions for the financing of small/medium projects carried out by local authorities.

Sector(s)

• Credit lines

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 - 26/07/2012