DEM 24,000,000
DEM 3,600,000 - 3 year - Commercial credit facility
DEM 20,400,000 - 3 year - Export credit facility with ECA cover
Financier: Bank Austria Creditanstalt (USA) Ltd./Arranger: Schnecker van Wyk & Pearson
Industry: Medical equipment/Country: Romania
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Within the frame of preparing Romania for the EU membership, one of the main goals of the Romanian Government was the improvement of the social services. In order to accomplish this mission, the acquisition of medical diagnostic equipment was a must.
SvWP structured a DM 24,000,000 medium-term credit facility for the acquisition of high technology medical diagnostic equipment for the Ministry of Defense. The largest part of the credit facility was financed based on an export guarantee issued by the US EXIM.
SvWP provided financing advisory services for this project based on its extended knowledge on this particular area of activity and on the experience acquired due to the company’s active presence on the international financial markets. |