Wednesday, September 23, 2020
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The EIB and EIF Securitise a Portfolio of ‘Green’ Loans from Sabadell for €576 Million

White & Case has advised the European Investment Bank (EIB) and the European Investment Fund (EIF) on the securitisation of a portfolio of loans originated by Banco Sabadell.

The European Investment Bank, through the EIF, its subsidiary specialising in venture capital for SMEs, has granted Banco Sabadell a guarantee amounting to 96 million euros for a securitised loan portfolio.

The operation will allow the Spanish bank to increase its credit capacity to offer financing worth 576 million euros to Spanish companies, mainly self-employed people, SMEs and mid-caps.

Read the full article in Spanish.

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