SANTANDER ABS FOR SME SUPPORT II

Promoter – Financial Intermediary

BANCO SANTANDER SA

Location

• Spain

Description

The operation consists in the purchase of several tranches of a true-sale securitisation to stimulate lending to small and medium sized businesses (SMEs) and midcaps.

Objectives

The aim is enhancing access to finance to the target beneficiaries.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 500 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 - 28/05/2024