The company has tapped billions of dollars in financing from the exportcreditagencies of Brazil and Canada to purchase hundreds of aircraft made in those countries.
Second, if Ex-Im Bank fails to provide assistance to those in need, the exportcreditagencies of other countries will step in to help sell rival products, destroying many thousands of U.S. jobs.
"In today's world commercial banks, especially from Europe and the U.S., have pretty much shut up shop so our strategy has been going towards financing from exportcreditagencies, " referring to typically state-backed institutions set up to provide reliable export financing.
The company is also talking to the export-credit agencies of countries that supply it with equipment (such as the United States) or that might import its oil (such as China).
But the financing of Roy Hill is proceeding with her equity partners in place, Rinehart is now seeking debt funding from a wide range of interested banks and export-import creditagencies.