ANNOUNCEMENT 29 Jun 2012

In June 2012, the U.S. Exim bank provided trade finance to Delta Tech Ops.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award profile. Summary.
https://www.usaspending.gov/award/ASST_NON_08086610XX0001_8300

EXIM Bank of the United States. Data. Authorizations From 10/01/2006 Thru 12/31/2020.
https://data.exim.gov/dataset/Authorizations-From-10-01-2006-Thru-12-31-2020/vbhv-d8am/
deal.number = 08086610XX0001
unique_identifier =

Export-Import Bank of the United States (EXIM), Export Finance Solutions for U.S. Businesses. Available at: https://www.exim.gov/sites/default/files/managed-documents/MKG-EOV-6_agency_brochure_04DEC2020c.pdf

Inception date: 29 Jun 2012 | Removal date: open ended

Trade finance

On 29 June 2012, the Export-Import Bank of the United States (EXIM) supported exports from Delta Tech Ops. Specifically, the bank guaranteed a USD 84.79 million loan to VRG Linhas Aereas S.A located in Brazil. The guarantee will support the purchase of products or services classified by the bank under the category 'Other Support Activities for Air Transportation'.

According to EXIM, its mission is to provide trade finance 'in cases where the private sector is unable or unwilling to provide financing or when such support is necessary to level the playing field due to financing provided by foreign governments to their exporters that compete with U.S. exporters'.

EXIM is the export credit agency of the United States that provides competitive financing to businesses to facilitate the export of U.S. goods and services to foreign buyers. The bank provides direct loans, loan guarantees, export credit insurance, and guarantees of working capital loans to help businesses compete in foreign markets.

AFFECTED SECTORS

 

AFFECTED PRODUCTS