Release date: 15 June 2020
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
The operation consists of guarantee / purchase of up to EUR 80m on a mezzanine tranche on a new granular portfolio of SMEs and midcaps loans. Final beneficiaries and related projects may be located in Spain, as well as in other EU countries. A part of financing will be dedicated to climate action projects.
Objectives
The aim is to enhance access to finance for SMEs and midcaps.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 96 million
Total cost (Approximate amount)
EUR 576 million
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 - 8/06/2020
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).