Bank of China contributes $35 million USD to $600 million USD syndicated revolving credit facility to IDEX Corporation for general corporate purposes in 2004

Project narrative

On December 14, 2004, financial close was reached on a deal in which a syndicate of 17 banks — including Bank of China — entered into a $600,000,000 USD syndicated loan agreement with IDEX Corporation, an Illinois-based industrial company specializing in fluid and metering technologies, health and science technologies, and fire and safety products. The maturity of the loan is 5 years and the interest rate was LIBOR plus an applicable margin. The use of proceeds was for general corporate purposes. While Bank of China contributed $35,000,000 USD to this loan, the following lenders also participated: Bank of America, N.A. ($62,500,000), Wachovia Bank, National Association ($62,500,000), LaSalle Bank, National Association ($45,000,000), Mizuho Corporate Bank, Ltd. ($45,000,000), U.S. Bank National Association ($45,000,000), The Bank of Tokyo-Mitsubishi, Ltd. ($45,000,000), Wells Fargo Bank, National Association ($35,000,000), Banca Nazionale del Lavoro SpA ($25,000,000), The Bank of New York ($25,000,000), Barclays Bank Plc ($25,000,000), CALYON ($25,000,000), Fifth Third Bank ($25,000,000), JPMorgan Chase Bank, N.A. ($25,000,000), National City Bank of the Midwest ($25,000,000), The Northern Trust Company ($25,000,000), and PNC Bank National Association ($25,000,000).