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RBI Structures Credit Facility for Chinese Company
Austrian Raiffeisen Bank International (RBI) finances delivery of the plant by Andritz-Group for Chinese Ganzhou.
RBI Structures Credit Facility for Chinese Company / Picture: © Vindobona.org
Raiffeisen Bank International (RBI), together with its Beijing branch, provided a credit facility for erecting a tissue production plant for Ganzhou Hwagain Paper in south-eastern China. The total investment costs for the plant add up to approximately € 92m. Half of this amount will be financed, whereas the deliveries deriving from Austria will be provided in form of a buyer's credit…
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