ANNOUNCEMENT 30 Nov 2012

In November 2012, the German Export Crediting Agency announced its support of an export project concerning the delivery of one Airbus A320-200 aircraft to the Philippines.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Nov 2012 | Removal date: open ended

Trade finance

The export loan was announced in November 2012 and finances the delivery of one Airbus A320-200 aircraft ('1 Airbus A-320-200') to the Philippines. The benefitting German exporter is Airbus S.A.S..

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 (21 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?Sumitomo Mitsui Banking Corporation Europe Limited, Paris Branch, Paris.

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AFFECTED PRODUCTS