ANNOUNCEMENT 31 Aug 2012

In August 2012, the German Export Crediting Agency announced its support of an export project concerning the delivery of equipment for cement mills to India.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Aug 2012 | Removal date: open ended

Trade finance

The export loan was announced in August 2012 and finances the delivery of equipment for cement mills ('Anlagen f?r Zementwerke') to India. The benefitting German exporter is Loesche GmbH.

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 10 years. The financing institution is Deutsche Bank AG, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS