ANNOUNCEMENT 31 Oct 2015

In October 2015, the German Export Crediting Agency announced its support of an export project concerning components for four ethyl tankers for Singapore.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Oct 2015 | Removal date: open ended

Trade finance

The export loan was announced in October 2015 and finances components for four ethyl tankers ('Komponenten f?r vier Ethylentanker') for Singapore. The benefitting German exporter is an unidentified producer.

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 (18 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.

AFFECTED SECTORS

 

AFFECTED PRODUCTS