ANNOUNCEMENT 31 Aug 2016

In August 2016, the German Export Crediting Agency announced its support of an export project concerning the delivery of air separators to Belarus.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

AGA-Portal archive:
https://www.agaportal.de/main-navigation/exporte-exportkreditgarantien/praxis-exportkreditgarantien/projektarchiv-exportkreditgarantien

Inception date: 31 Aug 2016 | Removal date: open ended

Trade finance

The export loan was announced in August 2016 and finances the delivery of air separators ('Luftzerlegungsanlagen') to Belarus. The benefitting German exporter is Linde AG, Pullach.

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 5 years. The financing institution is AKA Ausfuhrkredit-Gesellschaft mbH, Frankfurt.

AFFECTED SECTORS

 
441

AFFECTED PRODUCTS

 
843710