Overview

Bank of China (Luxembourg) contributes to a €100 million EUR syndicated loan to a Polish borrower for an asset portfolio (Linked to Record ID#107558)

Commitments (Constant USD, 2023)$60,000,946

Commitment Year•2017Country of Activity•PolandDirect Recipient Country of Incorporation•PolandOverseas Jurisdiction•LuxembourgSector•Business And Other ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: May 1, 2017

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 (Europe) S.A. (formerly Bank of China (Luxembourg) S.A. or BOC Luxembourg)

Cofinancing agencies

State-owned Commercial Banks

Bank of China (BOC)

Receiving agencies

Private Sector

Unspecified Polish Borrower for an asset portfolio Project

Loan description

May 2017 €100 million EUR syndicated loan from BoC to a Polish borrower for an asset portfolio in Poland

Interest type•Unknown

Narrative

Full Description

Project narrative

Circa May 2017, a two-lender syndicate of the Bank of China (Luxembourg) S.A. (BOC Luxembourg) and the Bank of China (BOC) issued a €100 million EUR loan to an unspecified borrower in Poland for an asset portfolio. Record ID#107557 captures BOC Luxembourg's contribution. Record ID#107558 captures BOC's contribution.

Staff comments

1. The individual contributions of the two lenders to this €100 million EUR syndicated loan are unknown. Therefore, to estimate the lenders' contributions, AidData assumes that each lender contributed equally (€50,000,000 EUR) to the loan syndicate.