Release date: 4 August 2020
Promoter – Financial Intermediary
PSA FINANCIAL SERVICES SPAIN EFC SALocation
Description
Multi-beneficiary intermediated loan (MBIL) for the purposes of on-lending to small and medium-sized enterprises (SMEs) and mid-caps that have been affected by the COVID-19 pandemic.
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs).
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 250 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 - 13/10/2020
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).