ANNOUNCEMENT 31 Jan 2013

In January 2013, the German Export Crediting Agency announced its support of an export project concerning deliveries and services linked to the construction of an aluminium cold-rolling mill in China.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jan 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in January 2013 and finances deliveries and services linked to the construction of an aluminium cold-rolling mill ('Lieferungen und Leistungen im Zusammenhang mit der Errichtung eines Aluminium-Kaltwalzwerkes') in China. The benefitting German exporter is SMS Siemag AG.

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 (22 million USD), as the conservative estimate of the project value.

The maturity of the loan is not specified. The financing institution is not identified in this case.

AFFECTED SECTORS

 

AFFECTED PRODUCTS