Zeeco

Zeeco - US EXIM Covered Loan

Borrower (s)
Zeeco
Industry
Capital Equipment/Industrial Equipment
Area of finance
Export & Agency Finance
Country
United States

Deal Overview

The $50 million loan facility will support the export of approximately $125 million in U.S. equipment to various overseas buyers, and will support approximately 460 U.S. jobs, and lead to the creation of 200 additional U.S. jobs, most of which are in manufacturing. It will replace JPMorgan...

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The $50 million loan facility will support the export of approximately $125 million in U.S. equipment to various overseas buyers, and will support approximately 460 U.S. jobs, and lead to the creation of 200 additional U.S. jobs, most of which are in manufacturing. It will replace JPMorgan Chase’s existing loan facility, which was approved by the EXIM Board of Directors in June 2015. The requested loan facility is identical in structure to the facility approved by the Board in 2015.


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Deal Volume
$ 50m
Financial Close
26 March 2020

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