ANNOUNCEMENT 31 Mar 2013

In März 2013, the German Export Crediting Agency announced its support of an export project concerning the delivery of coal mining systems to Kazakhstan.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Mar 2013 | Removal date: open ended

Trade finance

The export loan was announced in März 2013 and finances the delivery of coal mining systems ('Anlagen zum Abbau von Kohle') to Kazakhstan. The benefitting German exporter is ThyssenKrupp Resource Technologies AG, Essen.

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 (65 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8 years. The financing institution is UniCredit Bank AG, München.

AFFECTED SECTORS

 

AFFECTED PRODUCTS