RBI structures credit facility for Chinese paper plant

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01 February 2012

Austria’s Raiffeisen Bank International has structured a financing package partly backed by OeKB to finance the construction of a tissue paper plant in China.

Austria’s Raiffeisen Bank International (BRI), together with its Beijing branch, has structured and provided a financing package for the construction of a tissue production plant for Ganzhou Hwagain Paper Company in south-eastern China. Part of the financing is backed by Austria’s export credit agency Oesterreichische Kontrollbank (OeKB).The plant is being erected at a total project investment cost of Eu92 million ($121 million), and...

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