Narrative
Full Description
Project narrative
On or around May 21, 2004, Moscow Narodny Bank signed a $43 million, dual-tranche syndicated loan facility agreement with a group of Chinese and non-Chinese banks. The mandated arranger of the loan was the Oversea-Chinese Bank Corp. Bank of China served as an arranger. Co-arrangers include Bank of Tokyo-Mitsubishi, China Construction Bank and Sumitomo Mitsui Banking Corp. Hua Nan Commercial Bank and Mashreqbank assumes the roles of lead manager. Bank of China's estimated contribution captured via Record ID#104776. China Construction Bank's estimated contribution is captured via Record ID#104777.
Staff comments
1. The precise monetary value of CCB's contribution to the syndicate loan is unknown. For the time being, AidData assumes equal contributions ($6,142,857.14) across all known members of the syndicate. This issue warrants further investigation.