ANNOUNCEMENT 31 Mar 2016

In März 2016, the German Export Crediting Agency announced its support of an export project concerning the delivery of a polyethylenterephthalat-film (BOPET) production plant and a cutting machine to India.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Mar 2016 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in März 2016 and finances the delivery of a polyethylenterephthalat-film (BOPET) production plant and a cutting machine ('Anlage zur Herstellung von Polyethylenterephthalat-Folien (BOPET) inkl. Schneidemaschine') to India. The benefitting German exporter is Brückner Maschinenbau GmbH & Co. KG, Siegsdorf.

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 8.5 years. The financing institution is Bremer Kreditbank AG, Bremen.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A