ANNOUNCEMENT 31 Mar 2009

In March 2009, the German Export Crediting Agency announced its support of an export project concerning the delivery of RoRo ferries to Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Mar 2009 | Removal date: open ended

Trade finance

The export loan was announced in March 2009 and finances the delivery of RoRo ferries ('RoRo-F?hren') to Turkey. The benefitting German exporter is Flensburger Schiffbau-Gesellschaft m.b.H.& Co.KG.

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 (134 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.

AFFECTED SECTORS

 

AFFECTED PRODUCTS