EIF and CaixaBank sign securitisation transaction to support small businesses and mid-caps
Spain, July 8 -- The European Investment Fund (EIF), part of the European Investment Bank Group (EIB Group), has signed a securitisation transaction with CaixaBank for a total amount of €200 million. The EIF's support will enable CaixaBank to facilitate about €270 million in new financing for Spanish SMEs and mid-caps.The EIF investment will be provided via a bilateral guarantee with a third-party investor. This encourages collaboration between private and public investors in the securitisation market, promoting market integration and advancing the savings and investment union, which is one of the EIB Group's strategic priorities.This operation shows the EIF's role in promoting financial instruments like securitisation operation...
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