Release date: 30 November 2016
Promoter – Financial Intermediary
IBERCAJA BANCO SALocation
Description
Dedicated EIB loan for the financing of small and medium-sized investments promoted by small and medium-sized enterprises (SMEs) and mid-caps, mainly in Spain
Objectives
The loan will be used for the financing of small and medium-sized investment projects in eligible sectors carried out by SMEs and mid-cap enterprises (up to 3,000 employees).
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 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
The Bank will require that projects financed under this operation comply with applicable EU legislation.
Status
Signed - 28/12/2016
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).