Long-term EUR 11 million loan to finance 2026 investments

Summary

The tender seeks a long-term loan of EUR 11,000,000 for the municipality of Sant Feliu de Guíxols to finance investments in its 2026 budget. The loan will fund a multipurpose space (EUR 8,217,917), Thyssen investments (EUR 2,137,762), works at sports facilities (EUR 394,321), and urban paving and pavements (EUR 250,000); the amounts include VAT. Repayment of principal is deferred until 31 December 2027, with the first principal instalment due at the end of the first quarter of 2028. Principal will then be repaid over 12 years in equal quarterly instalments under the German amortisation method; interest will be settled quarterly. Bidders must be duly registered credit institutions and must state the interest rate, any commissions and other costs. Offers will be assessed on the interest rate, commissions and other costs and must comply with the financial prudence rules, including the maximum margin of 50 basis points. Offers must be submitted electronically within 20 calendar days of publication of the contract notice.