ANNOUNCEMENT 31 Mar 2011In März 2011, the German Export Crediting Agency announced its support of an export project concerning the delivery of key components of a nitric acid production plant to the Republic of Korea.
NUMBER OF INTERVENTIONS
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 (23 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.