Overview

China Construction Bank contributes to $317 million USD syndicated credit facility to NBC Universal, Inc. for unspecified purposes

Commitment Year•2009Country of Activity•United StatesDirect Recipient Country of Incorporation•United StatesOverseas Jurisdiction•United StatesSector•CommunicationsFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Aug 17, 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

China Construction Bank Corporation (CCB)

Receiving agencies

Private Sector

NBC Universal, Inc.

Loan description

China Construction Bank contributes to $317 million USD syndicated credit facility to NBC Universal, Inc. for unspecified purposes

Interest type•Unknown

Narrative

Full Description

Project narrative

On August 17, 2009, the New York Branch of China Construction Bank announced that it had contributed to a $317 million USD syndicated credit facility to NBC Universal, Inc. for unspecified purposes.

Staff comments

1. It is plausible that the original loan consisted of a two-year syndicated term loan, with an additional $447 million USD borrowed between May and August 2009. More details regarding this transaction can be found here: https://www.sec.gov/Archives/edgar/data/1166691/000119312511099554/dex991.htm