When passenger and goods traffic tumbled in the wake of Covid-19, Stena turned to EKN to secure access to liquidity. “The working capital credit guarantee is a good mechanism.”
Proactivity in shaping new credit guarantees proved valuable to appliance maker Electrolux during the Covid-19 crisis: “EKN’s support enabled us to strengthen our liquidity position.”
When EKN introduced a battery of new support measures during the Covid-19 crisis, the response was overwhelming.
Structured financing and a creative approach permits funding in local currency with longer tenors and lower financing costs – plus the added benefit of risk cover from EKN.