A possibility to obtain export guarantees for structured transactions and for project funding in addition to essentially state protected business.
- It has to be proved that the foreign customer generates enough currency to cover the debt service – capital and interest.
- The escrow account providing enough currency to be able to pay all interest and redemption rates has to be set up in a third country.
- The approval of the customer country’s government should be granted which authorizes currency revenues from the customer country to be transferred to the escrow account unhinderedly.
- The foreign debtor has to assign the entitlements from the escrow account as well as his other entitlements to payment from currency revenues to the loan granter.