In short, utilization of institutions like Moscow Narodny and even more so IMB as trustees or agents for the Eximbank loans would appreciably reduce the confidence the United States government could have that funds ostensibly earmarked for repayment of U.S. loans would actually be retained by such institutions let alone accessible if the loans have to be called.
CENTERFORSECURITYPOLICY: Center for Security Policy | How Not to Lend To A Bankrupt Russia: Eximbank Energy Deal Should Be Iced, Reworked