Overview

Bank of China contributes $5 million USD to $75 million USD syndicated loan to Thai Olefins

Commitments (Constant USD, 2023)$10,021,653

Commitment Year•2005Country of Activity•ThailandDirect Recipient Country of Incorporation•ThailandSector•Industry, Mining, ConstructionFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2005

Last repayment (originally scheduled): Dec 31, 2009

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

Bank of China (BOC)

Cofinancing agencies

Private Sector

ABN AMRO Bank NV
Banca di Roma S.p.A.
Bank of East Asia Limited (BEA)
Chang Hwa Commercial Bank Limited
Commerzbank Aktiengesellschaft (Commerzbank AG)
DBS Bank Ltd.
Mizuho Corporate Bank, Ltd. (MHCB)

Receiving agencies

Private Sector

Thai Olefins Public Company Limited

Loan description

BOC contributions to USD 75 million syndicated loan to Thai Olefins

Interest type•UnknownMaturity•5 years

Narrative

Full Description

Project narrative

In January 2005, Thai Olefins Public Company Limited finalized a 75 million USD five-year syndicated loan. The mandated arranger ABN Amro held $5m. Participating banks were DBS Bank and Mizuho Corporate Bank lending $17.25m apiece, Banca di Roma, Chang Hwa Commercial Bank and Commerzbank (East Asia) contributing $8.5m each and Bank of China and Bank of East Asia with tickets of $5m apiece.