Reference:
20170878
Release date: 6 December 2017
Release date: 6 December 2017
Promoter – Financial Intermediary
BANCO COMERCIAL PORTUGUES SALocation
Description
Loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps impacted by forest fires in Portugal.
Objectives
The proposed EIB loan would promote medium and long-term lending for capital investments to companies suffering from the effects of the 2017 wildfires, to enable them to resume and/or stabilise their economic activity.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 75 million
Total cost (Approximate amount)
EUR 150 million
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 - 29/12/2017