Release date: 27 November 2018
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
The project consists of a dedicated loan to finance small and medium-sized projects carried out primarily by small and medium-sized enterprises (SMEs) and mid-caps companies in Spain. This is a new operation under the "EU Programme Loan for SMEs and mid-caps 2017" (2016-0812).
Objectives
The project will improve competitiveness and access to finance at favorable conditions for SMEs and mid-caps in Spain.
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
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 14/12/2018
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).