Fact check required as it is in the announcement but you know this.
You need to re-read the announcement Dug as it is clearly in the announcement,
EDC would potentially provide direct lending at the OECD CIRR to the project up to US$100 million, subject to
sourcing requirements. As at 6 September 2021 the OECD CIRR US$ interest rate of this type of loan with a
repayment period of 8.5 years is 1.77% fixed. (This coupon excludes the EDC’s premium which will be Governed
by the OECD rules).
Ann: Canada Provides Further Export Credit Support for Kachi, page-90
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