City Bank

City Bank - Atradius Covered Loan

Borrower(s)
City Bank
Industry
Transport/Ships
Area of finance
Shipping Finance
Region
Asia
Asia
Countries
Bangladesh

Deal Overview

An Export Credit Agency (ECA)-backed long-term financing of 28.63 million euros to facilitate Western Engineering Limited, a local leading dredging solution provider, importing 10 dredgers from Royal IHC, Netherlands. Under the arrangement, Dutch ECA Atradius Dutch State Business (Atradius)...

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Deal Volume
$28.45m
Financial Close
15/03/2022
Dealmakers
Klaas van Iersel

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Oliver Roth

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Sources

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Tranches

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Assets

Asset Type: Manufacturer:
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC
Shipping Royal IHC