Turkey: Turk Eximbank Green Infrastructure Support Project (Component A of the previously Turkey: Turk Eximbank Green Infrastructure Support and Earthquake Response Project)
Sector: Natural Gas • Location: Turkey
Source: Asian Infrastructure Investment Bank (AIIB)
The Project encompasses a sovereign-backed partial debt guarantee (PDG) with a maximum guaranteed amount of USD200 million or equivalent from AIIB to help Turkey İhracat Kredi Bankası A.Ş. (Export Credit Bank of Turkey, or Turk Eximbank, or the Borrower) raise long-term private sector funding to support green infrastructure development in Turkey. With support from AIIB's PDG, Turk Eximbank intends
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | approved |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Project encompasses a sovereign-backed partial debt guarantee (PDG) with a maximum guaranteed amount of USD200 million or equivalent from AIIB to help Turkey İhracat Kredi Bankası A.Ş. (Export Credit Bank of Turkey, or Turk Eximbank, or the Borrower) raise long-term private sector funding to support green infrastructure development in Turkey. With support from AIIB's PDG, Turk Eximbank intends to raise a green loan of up to USD285.7 million or equivalent from international banks (the Guaranteed Lenders). It is expected that 100 percent of Component A will qualify as climate mitigation finance. This will be the first green loan for Turk Eximbank. Ministry of Treasury and Finance (MoTF) will provide the sovereign counter-guarantee to AIIB in the Indemnity Agreement. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |