Overview

China Eximbank contributes to USD 400 million syndicated lending facility to CMA CGM for unspecified purposes

Commitment Year•2014Country of Activity•FranceDirect Recipient Country of Incorporation•FranceSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2014

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Private Sector

CMA CGM S.A.

Loan description

2014 syndicated $400 million USD lending facility from China Eximbank and others to CMA CGM for unspecified purposes

Interest type•Unknown

Narrative

Full Description

Project narrative

At some point in or prior to 2014, China Eximbank contributed to a USD 400 million syndicated lending facility to French shipping and logistics company CMA CGM. Lending details, including the purpose of the facility and other members of the syndicate, are unknown.

Staff comments

1. AidData is unable to ascertain whether the size of the syndicated facility was USD 400 million or if China Eximbank contributed USD 400 million to the facility. Therefore, the transaction amount has been left blank. This issue requires further investigation.