This transaction is the first untied credit by a European ECA to a Brazilian counterpart and aroused strong interest from ECAs around Europe in the ECA roadshow organized by BNP Paribas for Petrobras in Paris simultaneously with the closing of this transaction. It is also the first SACE Untied facility arranged by BNP Paribas on a worldwide basis. SACE (Istituto per i Servizi Assicurativi del Credito all'Esportazione), the Italian ECA, motivated by Italian interests - namely the supply of gas compression modules by Nuovo Pignone SpA for Petrobras' P-56 offshore oil platform - provided an insurance for the loan but the credit was not directly related to the purchase of the goods.