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60 seconds about Union Engineering and EKF

Union Engineering had a customer in Tanzania who wanted to purchase a CO2 extraction plant worth DKK 30 million. However, the customer needed financing. A Buyer Credit Guarantee from EKF secured the customer a loan from a Danish bank.
WHAT: CO2 extraction plant for Tanzania

HOW MUCH: DKK 30 million

EKF´S ROLE:  EKF issues a guarantee to a Danish bank who offers the buyer from Tanzania credit.

EKF PRODUCT: Buyer Credit Guarantee

DURATION: 6 years
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