ANNOUNCEMENT 31 Jul 2015

In July 2015, the German Export Crediting Agency announced its support of an export project concerning the delivery of two off-shore ships to Norway.

NUMBER OF INTERVENTIONS

1

  • 1 discriminatory
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jul 2015 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in July 2015 and finances the delivery of two off-shore ships ('2 Offshoreschiffe') to Norway. The benefitting German exporter is an unidentified producer.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 5. This category includes projects with a financing value of over 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 201 million EUR (221 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 12 years. The financing institution is KfW IPEX GmbH, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS