News
13 September 2022

Lotte Chemicals to close $2bn ECA equipment loan

In:
Manufacturing & equipment

Lotte Chemicals is set to close a $2 billion ECA-backed loan by the end of the year. Proceeds will be used to finance equipment. International banks have reached agreement on a 12-year facility, with the Korea Trade Insurance Corporation (K-SURE) and the Export Import Bank of Korea (Kexim) providing...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
07 April 2026

Crisis in the Gulf: Sullivan & Worcester on trade under...

TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.

Interview
08 April 2026

Linxon’s Reisacher on working with ECAs in challenging times

Stefan Reisacher, CEO of EPC contractor Linxon, discusses how to work with ECAs in challenging conditions. Contractors need to improve communications with sub-suppliers - from...