Caja Madrid Loan For SMEs & Mid-caps I

Promoteur – Intermédiaire Financier

Caja de Ahorros y Monte de Piedad de Madrid – Caja Madrid

Lieu

• Espagne

Description

The project consists of a loan to finance small and medium size investments promoted by SMEs (at least 70%) and mid-cap companies (up to 30%), mainly in Spain but also in other EU countries.

Objectifs

The project will contribute to a better market coverage of SMEs and mid caps financial needs in Spain. The EIB involvement will generate positive effects, mainly in terms of availability of long duration funding but also in terms of overall financing costs, which would be particularly appreciated by small-sized promoters.

Secteur(s)

• Lignes de crédit

Montant BEI envisagé (montant approximatif)

Estimated at EUR 200 million.

Coût total (montant approximatif)

Not applicable.

Aspects environnementaux

In accordance with the Bank's policy to ensure that the loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.

Passation des marchés

In accordance with the Bank's policy to ensure that the loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.

Statut

Signé - 29/12/2009