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: 29 Feb 2012 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in February 2012 and finances the delivery of a framework and hot plate straightening machine for an existing heavy plate mill ('Ger?st und Warmblechrichtmaschine f?r eine bestehende Grobblechstra?e') in Denmark. The benefitting German exporter is SMS Siemag 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 (68 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8 years. The financing institution is Soci?t? G?n?rale S.A. Paris, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

442 Machine-tools & parts
8466 Parts and accessories suitable for use solely or principally with the machines of headings 84.56 to 84.65, including work or tool holders, selfopening dieheads, dividing heads and other special attachments for machinetools; tool holders for any type of
846692 For machines of heading 84.65

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