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An Hoa Paper- ECA-backed financing
26 March 2010
Korea inks Vietnamese paper deal
This was an impressive deal that salutes the joint efforts of three French banks to arrange the first KEIC-backed project financing for a Vietnamese corporate.Korean exporter Hansol EME won the contract to build the factory and Korea’s state-run export insurer, Korea Export Insurance Corporaton. (KEIC) agreed to offer a $144 million export credit with a 30-month grace period and a ten-year cover. The three banks agreed to sign a $21.9 million five-year commercial loan with a 30-month grace period....
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