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SANTANDER AGRIFOOD COVID-19 MBIL SMES & MIDCAPS

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Spain : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
8/06/2020 : € 100,000,000
9/02/2023 : € 100,000,000

Summary sheet

Release date
6 May 2020
Status
Reference
Signed | 08/06/2020
20200400
Project name
Promoter - financial intermediary
SANTANDER AGRIFOOD COVID-19 MBIL SMES & MIDCAPS
BANCO SANTANDER SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of a multi-beneficiary intermediated loan (MBIL) dedicated to finance investments carried out by self-employed, SMEs and Mid-Caps active in the Agri-food sector. This MBIL is a sub-operation under Programme Loan AGRIFOOD PROGRAMME LOAN SMES & MIDCAPS SPAIN (2019-0363).

The project will improve competitiveness and access to finance at favorable conditions for SMEs and Mid-caps active in the agri-food sector.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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