Signature(s)
Summary sheet
- Credit lines - Credit lines
The Multiple Beneficiary Intermediated Loan will mainly focus on women-led healthcare activities and pharmacies in Spain. The operation will also support the capital markets union (CMU) as it will be implemented through the purchase of a covered bond ("cédulas").
The aim is to finance the establishment of businesses by women entrepreneurs. This initiative is a significant step forward to promote gender equality and foster equal opportunities in the Spanish business landscape.
The operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Financial Intermediary has adequate capacity, systems and processes in place to identify, assess, manage and monitor environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final Beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, 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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