ANNOUNCEMENT 30 Apr 2013

In April 2013, the German Export Crediting Agency announced its support of an export project concerning the delivery of components for a cement production plant in Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Apr 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in April 2013 and finances the delivery of components for a cement production plant ('Komponenten für eine Zementfabrik') in Turkey. The benefitting German exporter is several unidentified german producers.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (67 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8 years. The financing institution is Bayerische Landesbank, München.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A