IBERCAJA LOAN FOR SMES & MIDCAPS IV

Promoteur – Intermédiaire Financier

IBERCAJA BANCO SA

Lieu

• Espagne

Description

The project consists of a dedicated loan for financing small and medium-sized projects (mostly leasing) carried out primarily by small and medium-sized enterprises (SMEs) but also projects promoted by mid-cap companies in Spain. A relevant portion of the portfolio will be focused on SMEs and mid-caps with high additionality, such as micro enterprises, those located in less developed regions and in vulnerable sectors.

Objectifs

Ibercaja is expected to use all or part of this EIB loan for 50% funding of a portfolio of SME loans which may receive a 50% guarantee from combined EIB/EIF and Structural Funds resources under the SME Initiative (SMEI).

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 150 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate and where applicable.

Passation des marchés

The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate and where applicable.

Statut

Signé - 29/07/2019