ANNOUNCEMENT 30 Apr 2009

In April 2009, the German Export Crediting Agency announced its support of an export project concerning the construction of a silicon production line in China.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Apr 2009 | Removal date: open ended

Trade finance

The export loan was announced in April 2009 and finances the construction of a silicon production line ('Errichtung einer Siliziumproduktionslinie') 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 4. This category includes projects with a financing value between 101 and 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 101 million EUR (134 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

 
N/A