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: 31 Aug 2016 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in August 2016 and finances the delivery of a BOPP-foil production plant, a cutting and winding machine and two high vacuum web coating systems ('Lieferung einer Anlage zur Herstellung von BOPP-Folie, einer Schneid- und Wickelmaschine sowie zweier High Vacuum Web Coating Systems') to Italy. The benefitting German exporter is several unidentified german producers.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (18 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8.5 years. The financing institution is DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

279 Textiles n.e.c.
5911 Textile products and articles, for technical uses, specified in Note 7 to this Chapter.
591190 Other
446 Machinery for textile, apparel & leather production; parts
8444 Machines for extruding, drawing, texturing or cutting man made textile materials.
844400 Machines for extruding, drawing, texturing or cutting man made textile materials.
8445 Machines for preparing textile fibres; spinning, doubling or twisting machines and other machinery for producing textile yarns; textile reeling or winding (including weftwinding) machines and machines for preparing textile yarns for use on the machines o
844540 Textile winding (including weftwinding) or reeling machines

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