Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

VW Mexico – ECA financing

02 March 2011

Consolidating for efficiency

The signing of this $280 million buyer credit covered by German export credit agency Euler Hermes was a remarkable achievement given several factors that resulted in this transaction being highly structured. The end result was a tailor made facility that could be adapted to the needs of the client and to the underlying investment project – VW’s new assembly line for the Jetta in Mexico. The first distinctive trait of the facility is that the underlying commercial transaction wasn’t formed by a single commercial contract – as...


Upcoming Events