Overview

ICBC contributes to EUR 2 billion syndicated multicurrency revolving credit facility to Publicis Groupe for unspecified purposes

Commitments (Constant USD, 2023)$122,137,244

Commitment Year•2015Country of Activity•FranceDirect Recipient Country of Incorporation•FranceSector•Business And Other ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 1, 2015

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 Commercial Banks

Industrial and Commercial Bank of China (ICBC)

Cofinancing agencies

Private Sector

Australia and New Zealand Banking Group (ANZ)
Banco Santander, S.A. (Santander Group) (formerly Banco Santander Central Hispano, S.A.)
Barclays Bank PLC
BNP Paribas S.A.
BofA Securities, Inc. (Formerly Bank of America Merrill Lynch (BAML))
Citibank International plc
Citigroup Global Markets, Inc.
Commerzbank Aktiengesellschaft (Commerzbank AG)
Crédit Industriel et Commercial (CIC)
Deutsche Bank AG
HSBC Continental Europe S.A. (formerly HSBC France S.A.)
ING Bank N.V.
JPMorgan Chase Bank, N.A. (Chase Bank, formerly the Chase Manhattan Bank)
Mizuho Bank, Ltd.
MUFG Bank, Ltd. (Formerly Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU))
Natixis
Société Générale Corporate and Investment Banking (SGCIB)
Standard Chartered Bank PLC

Receiving agencies

Private Sector

Publicis Groupe

Loan description

2015 syndicated €2 billion EUR multicurrency revolving credit facility from ICBC and others to Publicis Groupe for unspecified purposes

Interest type•Unknown

Narrative

Full Description

Project narrative

On July 1, 2015, a syndicate of 19 banks -- including ICBC -- reached financial close on a EUR 2 billion syndicated multicurrency lending facility for Publicis Groupe, a French media company. Proceeds from the facility will be used for unspecified corporate purposes. Lending details, including details on maturity and interest rate, are unknown. Mandated lead arrangers and bookrunners for the facility were BNP Paribas, Citigroup Global Markets, Crédit Agricole CIB, The Bank of Tokyo-Mitsubishi UFJ, Barclays Bank, Commerzbank, Crédit Industriel and Commercial, Mizuho Bank, Natixis and Société Générale CIB. Australia and New Zealand Banking Group, Bank of America Merrill Lynch International, HSBC France, ING Bank and JPMorgan Chase Bank, N.A served as mandated lead arrangers. Banco Santander, Deutsche Bank, Standard Chartered Bank and Industrial and Commercial Bank of China served as lead arrangers. Citibank served as agent for the facility.

Staff comments

1. AidData is unable to ascertain the individual contributions made to the facility by each member of the lending syndicate. Therefore, equal contributions from each lender have been assumed.