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 Sep 2009 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in September 2009 and finances the delivery of a longwall system for underground coal mining ('Strebausrüstungen zum untertägigen Abbau von Steinkohle') to the Netherlands. The benefitting German exporter is Bucyrus DBT Europe GmbH.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 4. This category includes projects with a financing value between 101 and 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 101 million EUR (148 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8.5 years. The financing institution is KBC Bank Deutschland Aktiengesellschaft, Bremen.

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.
843031 Selfpropelled

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