ANNOUNCEMENT 30 Nov 2008In November 2008, the German Export Crediting Agency announced its support of an export project concerning the construction and delivery of a container ship to Hong Kong.
NUMBER OF INTERVENTIONS
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 (20 million USD), as the conservative estimate of the project value.
The maturity of the loan will be 12 years. The financing institution is KfW IPEX-Bank GmbH, Frankfurt and Fortis Bank S.A./N.V., Belgium.