IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Nov 2010 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in November 2010 and finances the delivery of a tunnel boring machine ('Tunnelbohrmaschine') to Italy. The benefitting German exporter is Herrenknecht Aktiengesellschaft.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (66 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8 years. The financing institution is WestLB Mayland Branch.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

444 Machinery for mining, quarrying & construction; parts
8430 Other moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; piledrivers and pileextractors; snowploughs and snow blowers.
843041 Selfpropelled

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