AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 28 August 2014, the Australian export credit agency Efic published its 2013/14 annual report. The report included a list of all beneficiaries of trade finance for the given fiscal year.
One of these beneficiaries was McConell Dowell, which was offered a bond worth 20.77 million AUD for an engineering project in Papua New Guinea.
Given that Efic does not provide the exact date that the trade finance deal was signed, the most conservative date, i.e. the 30 June 2014, was set as the inception date.
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