CONFIDENTIAL
KNOWN EXAMPLES OF CREDIT TERMS OFFERED
ARGENTINA
ANNEX A
ATUCHA POWER STATION
i
ECGD approached in 1975 and indicated willingness to support a 85% loan on 10 years credit.
ii
The Germans were prepared to offer similar terms.
iii
Outcome not known.
2
TURKEY
AKKOYU POWER STATION
1
ECGD approached but declined support, being off cover for the market.
ii
Sweden offered support for an 8% loan on 10 years credit.
iii
Outcome not known.
3
TRAN
i
No approach to ECGD
ii
NB
iii
In 1977 French offered support for a 60% loan on 6 years credit.
Outcome not known.
Iran then basically a cash market.
4 BRAZIL
•
CANDIOTTA POWER STATION
11
iii
ECGD not approached
Understood that Germany offered support on 10 years oredit.
Outcome not known.