Talavera de la Reina seeks €7 million loan for 2026 investments

The City Council of Talavera de la Reina is seeking a loan of 7,011,139 euros to fund municipal investments scheduled for 2026. The tender is currently open, with financial institutions able to submit offers until September 14.

The proposed loan structure spans 13 years. It includes a one-year grace period during which the Council will only pay interest on the funds utilized. Following this initial year, the debt will be amortized over 12 years through 48 quarterly payments using a linear system. The selection of the winning bank will be based strictly on economic criteria, specifically the most favorable differential over the three-month Euribor.