Date

27 November 2014

Related countries

France
USA

Further information

External link

(SpaceNews, Paris, 12 November 2014) The French government will reform its Coface export-credit agency to enable it to offer financial backing to satellite projects at the same rates as its American counterpart… Coface used to dominate export credits for satellite projects. But in the past five years the U.S. Export-Import Bank, aided by the arrival of a commercially competitive launch services provider, Space Exploration Technologies Corp., has surpassed Coface in total financing commitments.