Tofaş Türk Otomobil Fabrikası

Tofaş Türk Otomobil Fabrikası - ECA Backed Loan

Industry
Transport/Road vehicles
Area of finance
Export & Agency Finance
Region
Europe
Europe
Countries
Turkey

Deal Overview

EUR 200m 95% SACE covered Export Credit to Turk Otomobil Fabrikasi A.S. (“Tofas”), together with ING. HSBC and ING split deal 50/50 ie EUR100m each. The facility will finance Tofas’ purchase of components from Italian exporter FCA Italy S.p.A (“Fiat”), in relation to...

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Deal Volume
$222.46m
Financial Close
11/08/2015
Dealmakers
Alessandro Mazzi

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Alyson Henshaw

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Bart Ponsioen

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Daniela Mohtadi

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Vincenzo de Gioia

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Sources

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Tranches

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