Salient features of EOGF

1.	Eligibility i Borrower / Contractor ie. PFI’s Clients	Must fulfill ALL of the following: Malaysian owned or controlled companies as per Exchange Control Act 1953 / ECM Guidelines or any other guidelines or Acts issued from time to time (including overseas subsidiaries owned or controlled by Malaysian(s). Companies negotiating / bidding to secure or have already secured contracts or projects overseas. Main and sub contractors are eligible.
	ii Type of contracts	Contracts including but not limited to: Construction Supply of capital or semi capital goods, which include elements of services and commissioning. Services Note: Privatisation and Concession types of Contracts are not currently eligible.
	iii Economic Sectors	All economic sectors.
2.	Purpose of financing	To provide financial guarantee for overseas contracts, i.e. for tender, advance payment, performance and defect liability (retention) purposes. To finance the purchase of raw material, equipment and machinery as well as overheads pertaining to the production, construction, fabrication, installation and commissioning of overseas contracts / projects. To finance the guarantee fee and / or insurance premium.
3.	Facility Type	All types of credit facilities including but not limited to: Trade finance facilities including Bank Guarantees (Contract Bonds). Revolving Credit (except OD), and Term Financing
4.	Amount of Financing	Up to RM100 million, or its equivalent in Foreign Currency per project / contract.
5.	Tenure	Up to 10 years, inclusive of grace period, if any.
6.	Currency of Financing / Guarantee / Insurance	Ringgit Malaysia, US Dollar, Pound Sterling, EURO, Japanese Yen
7.	Pricing	Fund-based, i.e. Revolving Credit, Trust Receipts etc. :   Effective Cost Of Funds (e-COF) plus maximum spread of 1.0% p.a. Bank Guarantees and Bonds:   Maximum commission of 0.5% p.a. Other non-Fund-based as per ABM / BNM Guidelines.
8.	Collateral / Security / Credit Support to be provided by the borrower to PFI	Any or not limited to the following: Assignment of contract proceeds, as well as Insurance Policies, SBLC, Bank Guarantees / Bonds, if any. Sovereign Guarantee FDR & build up of sinking funds Debenture Directors’ Joint & Several Guarantee Holding / Associated company Guarantee and / or 3 rd party Corporate Guarantee Other tangible assets, if required
9.	Guarantee fee for EOGF	1.5% p.a.
10.	Other terms and conditions	Compliance with the prevailing foreign exchange administration requirements. When required, the exporter would have to take up EXIM’s Insurance Policies to cover non-payment due to political and/ or commercial risks for an additional premium cost.