The US Export-Import Bank will begin offering longer repayment terms and additional flexibilities for most transactions.
The new flexible financing terms and conditions are a result of a modernized agreement with Organization for Economic Cooperation and Development Arrangement Participants.
The modernization agreement will allow ExIm to provide longer repayment terms for most transactions, offer lower risk premium rates for certain borrowers using longer repayment terms, and create further incentives for a wider range of "climate friendly and green" transactions.
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