HSH Nordbank has closed a €280mn Schuldschein Programme for Slovene Export Corporation. The facility is guaranteed by the Republic of Slovenia.

After successfully tapping the syndicated loan market over the last years, it is the first Schuldschein issue for Slovene Export Corporation.

The facility will be available for drawings within one year. The borrower is in the position to choose different maturities for each Schuldschein.

The maturity is five, seven or 10 years with a bullet repayment.

Slovene Export Corporation is a Slovene export credit agency and was established in 1992 and is registered as a joint-stock company with the Republic of Slovenia as its largest shareholder.