EIB Group and Sabadell unlock €1.8 billion in financing to support small and medium businesses and mid-caps
Spain, Dec. 16 -- The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has participated in a mortgage bond and a securitisation transaction arranged by Sabadell, investing a total of €822.5 million. The investment will enable Sabadell to mobilise approximately €1.8 billion to finance the liquidity and investment needs of small and medium-sized enterprises (SMEs) and mid-caps in Spain.Sabadell's mortgage bond will help companies access financing to cover their liquidity needs and make investments, with a portion of the funds earmarked for green projects. This financing will mainly go to companies in cohesion regions, where per capita income is below ...
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