Overview

Bank of China contributes to a €100 million EUR syndicated loan to a Polish borrower for an asset portfolio (Linked to Record ID#107557)

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

Commitment Year•2017Country of Activity•PolandDirect Recipient Country of Incorporation•PolandSector•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 (BOC)

Cofinancing agencies

State-owned Commercial Banks

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

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.