Bank of China contributes $19 million USD to $680 million USD tranche of $2.6 billion USD syndicated revolving credit facility to Prologis Inc. for general corporate purposes in 2005 (Linked to Record ID#108188 and 108189)

Project narrative

On October 6, 2005, financial close was reached on a deal in which a syndicate of 33 banks — including Bank of China — entered into a $2.6 billion syndicated loan with Prologis, a U.S.-based real estate investment trust focused on logistics and industrial properties. This loan was divided into three tranches: a $680 million USD U.S. dollar tranche, a €687,572,000 EUR euro tranche, and a ¥95,370,000,000 JPY yen tranche. The maturity of the loan was 4 years, and the interest rate was LIBOR plus an applicable margin. The proceeds were used by the borrower for general corporate purposes, as explicitly stated in the loan documentation. While Bank of China contributed $19 million USD to this loan (Record ID#108187), Bank of China (Luxembourgh) S.A. contributed EUR 36,449,600 to euro tranche (Record ID#108188), Bank of China contributed 5722200000 japanese yen to the japanese tranche (Record ID#108189), the following lenders also participated: Bank of America, LaSalle Bank, Sumitomo Mitsui Banking Corporation, JPMorgan Chase, The Royal Bank of Scotland, Mizuho Corporate Bank, The Bank of Nova Scotia, Calyon, Citicorp North America, Deutsche Bank, Societe Generale, WestLB AG, Barclays Bank, Fortis Bank, ING Real Estate Finance, Banque LBLux, UFJ Bank, U.S. Bank, The Bank of Ireland, Commerzbank, PNC Bank, Wachovia Bank, International Commercial Bank of China, E. Sun Commercial Bank, and others.