ANNOUNCEMENT 31 Jul 2013

In July 2013, the German Export Crediting Agency announced its support of an export project concerning the delivery of one Airbus A321-200 aircraft to Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jul 2013 | Removal date: open ended

Trade finance

The export loan was announced in July 2013 and finances the delivery of one Airbus A321-200 aircraft ('1 Airbus A-321-200') to Russia. The benefitting German exporter is Airbus S.A.S., Blagnac.

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 Citibank N. A., London, with Bank of America, N. A., London.

AFFECTED SECTORS

 

AFFECTED PRODUCTS