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EX-IM BANK APPROVES FIRST TRANSACTION UNDER INDIA INFRASTRUCTURE FACILITY SUPPOR

[2008-12-23 16:55:04]

WASHINGTON, D.C.: The Export-Import Bank of the United States (Ex-Im Bank) today approved a $29.4 million long-term loan guarantee to support multiple exports of U.S. medical, building and office equipment and services for the construction of Bhopal Medical College in Bhopal, India. The transaction was structured under Ex-Im Bank's Medical Equipment Initiative and is the first to be authorized under the Bank's $2.2 billion India Infrastructure Facility that supports U.S. exports to Indian projects in sectors such as power and renewable energy generation, oil and gas development, small aircraft, airport development and health care.

Source: Export-Import Bank of the United States
Keywords:guarantee