Credit Guarantee Facility
2021-9-16u2002·u2002Credit guarantee facilities are lines of credit between a funding bank and a foreign obligor. EXIM Bank guarantees the repayment of the foreign debt obligations. If the obligor is a foreign bank, it must offer the same on lending terms to the end-users of the U.S. exports and the obligor takes the repayment risk of the local companies. CGFs may ...
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