ANNOUNCEMENT 30 Sep 2009

In September 2009, the German Export Crediting Agency announced its support of an export project concerning the delivery of newspaper offset printing machines to Canada.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
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 newspaper offset printing machines ('Zeitungsoffsetdruckmaschinen') to Canada. The benefitting German exporter is Koenig & Bauer Aktiengesellschaft.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (75 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 5 years. The financing institution is Bayerische Hypo- and Vereinsbank AG, M?nchen.

AFFECTED SECTORS

 

AFFECTED PRODUCTS