Release date: 2 March 2016
Promoter – Financial Intermediary
BANCO SANTANDER SA, CAIXABANK SA, ACCEPTABLE BANK(S)Location
Description
Loan to finance agriculture projects promoted by small and medium enterprises (SMEs) mainly in Spain. Agricultural cooperatives eligible as SMEs will also be acceptable as final beneficiaries of the loan.
Objectives
The present loan will be specifically earmarked for projects in agriculture and related sectors, such as forestry, fishing and food manufacturing and related up- and downstream industries.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 600 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with applicable national and EU legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with applicable national and EU legislation, as appropriate.
Status
Signed - 29/04/2016
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).