Perspective
22 October 2013
Coface to provide guarantee for Brazil-US cable project
Region:
Americas
French export credit agency (ECA) Coface has agreed to provide export credit guarantees to Seaborne Networks for the Seabras-1 submarine telecommunications cable that will run between New York and Sao Paulo in Brazil. The French ECA has issued a ‘promise of guarantee’ on the buyer credit as the first stage of this process, conditional of certain closing conditions.
