US Ex-Im Bank’s board of directors have approved a final commitment for a US$49.6mn long-term loan guarantee supporting the US$43.8mn export by SRK Consulting of equipment and services to develop and implement an environmental management plan to clean up a gold mine site in the Dominican Republic, making it available for future development. The Ex-Im guarantee also covers financing fees and project-related costs in the buyer’s country. The guaranteed lender is
The board has also approved a final commitment for a US$45.3mn long-term guarantee supporting the US$50mn export by Trigeant Ltd of asphalt for roadway development and maintenance in the DomRep. The guaranteed lender is Mellon Financial Corp, Pittsburgh. The primary source of repayment is the government of the Dominican Republic.