ANNOUNCEMENT 18 Sep 2012

In September 2012, the U.S. Exim bank provided trade finance to Bechtel Corporation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award profile. Summary.
https://www.usaspending.gov/award/ASST_NON_07085675XX0002_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/
with deal.number = AP085675XX
unique_identifier = 07085675XX0002

Export-Import Bank of the United States (EXIM), Financing Solutions, Direct Loan. Available at: https://www.exim.gov/what-we-do/direct-loan

Inception date: 18 Sep 2012 | Removal date: open ended

Trade finance

On 18 September 2012, the Export-Import Bank of the United States (EXIM) approved funding to support exports from Bechtel Corporation. The bank approved a USD 683.23 million loan to Australia Pacific Lng Csg Processing Pty Limited located in Australia. The loan will support the purchase of products or services classified by the bank under the category 'Engineering Services' from the US company.

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. EXIM provides direct loans, loan guarantees, export credit insurance, and guarantees of working capital loans to help businesses compete in foreign markets.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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