Global Trade Alert
Global Trade Alert

Spain: EIB signs loan agreement to support El Corte Inglés' technology innovation programme

Announcement

04 Nov 2019

In November 2019, the European Investment Bank (EIB) signed a loan agreement with El Corte Inglés S.A. to support the company's technology innovation programme.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Nov 2019

Revocation date:

No revocation date

Updated: 04 Nov 2019
State loan In force

The EIB's loan was issued under the Investment Plan for Europe. Hence, the loan for the amount of EUR 110 million (approx. USD 122.4 million) loan with El Corte Inglés, signed on 4 November ...

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Implementation date

04 Nov 2019

Revocation date:

11 Feb 2021

Updated: 04 Nov 2019
State loan

On 4 November 2019, the European Investment Bank (EIB) signed a loan agreement with El Corte Inglés S.A. having a total value of EUR 110 million (approx. USD 122.4 m...

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