Release date: 30 May 2024
Promoter – Financial Intermediary
BANCO SANTANDER SALocation
Description
The operation consists in the purchase of several tranches of a true-sale securitisation to stimulate lending to small and medium sized businesses (SMEs) and midcaps.
Objectives
The aim is enhancing access to finance to the target beneficiaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 500 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 - 28/05/2024
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).