Bank of China contributes $13.64 million USD to $3 billion USD three year syndicated revolving credit facility to the Boeing Company for general corporate purposes in 2022 (Linked to Record ID#110309 and #110308)

Project narrative

On October 30, 2019, financial close was reached on a deal in which a syndicate of 35 banks — including Bank of China and ICBC — entered into a $3.2 billion USD syndicated revolving credit agreement with Boeing, an American multinational corporation headquartered in Arlington, Virginia, that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment — for general corporate purposes. The maturity of the loan is 3 years, and the interest rate was LIBOR plus an applicable margin. The proceeds were used by the borrower for general corporate purposes. While Bank of China contributed $50,000,000 USD to this loan (Record ID#110308), ICBC also contributed $50,000,000 USD (Record ID#110309). The following lenders also participated: Citibank, N.A. ($218,333,333.33 USD), JPMorgan Chase Bank, N.A. ($218,333,333.32 USD), Bank of America, N.A. ($166,666,666.67 USD), Deutsche Bank AG New York Branch ($166,666,666.67 USD), Mizuho Bank, Ltd. ($166,666,666.67 USD), Sumitomo Mitsui Banking Corporation ($166,666,666.67 USD), Wells Fargo Bank, National Association ($166,666,666.67 USD), Banco Bilbao Vizcaya Argentaria, S.A., New York Branch ($116,666,666.67 USD), BNP Paribas ($116,666,666.67 USD), Commerzbank AG, New York Branch ($116,666,666.67 USD), MUFG Bank, Ltd. ($116,666,666.67 USD), Royal Bank of Canada ($116,666,666.67 USD), Societe Generale ($116,666,666.67 USD), Banco Santander, S.A., New York Branch ($100,000,000 USD), Barclays Bank PLC ($83,333,333.33 USD), Credit Agricole Corporate and Investment Bank ($83,333,333.33 USD), Credit Suisse AG Cayman Islands Branch ($83,333,333.33 USD), Goldman Sachs Bank USA ($83,333,333.33 USD), Morgan Stanley Bank, N.A. ($83,333,333.33 USD), DBS Bank Ltd. ($66,666,666.67 USD), U.S. Bank National Association ($66,666,666.67 USD), Australia and New Zealand Banking Group Limited ($50,000,000 USD), Lloyds Bank Corporate Markets, plc ($50,000,000 USD), Standard Chartered Bank ($50,000,000 USD), State Bank of India, New York Branch ($50,000,000 USD), SunTrust Bank ($50,000,000 USD), Westpac Banking Corporation ($50,000,000 USD), The Northern Trust Company ($40,000,000 USD), First Abu Dhabi Bank USA N.V. ($33,333,333.33 USD), Riyad Bank, Houston Agency ($33,333,333.33 USD), State Street Bank and Trust Company ($33,333,333.33 USD), ICICI Bank Limited, New York Branch ($20,000,000 USD), and Intesa Sanpaolo S.p.A New York Branch ($20,000,000 USD). On August 25, 2022, financial close was reached on a deal in which a syndicate of 31 banks — including Bank of China — entered into a $3 billion USD syndicated loan agreement with Boeing, an American multinational corporation headquartered in Arlington, Virginia, that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment — for general corporate purposes. The maturity of the loan is 3 years, and the interest rate was LIBOR plus an applicable margin. The proceeds were used by the borrower for general corporate purposes. While Bank of China contributed $13,636,363.64 USD to this loan (Record ID#110311), the following lenders also participated: Citibank, N.A. ($227,982,954.52 USD), JPMorgan Chase Bank, N.A. ($227,982,954.52 USD), Bank of America, N.A. ($197,727,272.73 USD), Wells Fargo Bank, National Association ($197,727,272.73 USD), BNP Paribas ($165,340,909.09 USD), Deutsche Bank AG New York Branch ($165,340,909.09 USD), Mizuho Bank, Ltd. ($165,340,909.09 USD), Sumitomo Mitsui Banking Corporation ($165,340,909.09 USD), Royal Bank of Canada ($153,409,090.91 USD), Credit Agricole Corporate and Investment Bank ($136,363,636.36 USD), Barclays Bank PLC ($122,727,272.73 USD), MUFG Bank, Ltd. ($112,500,000 USD), Societe Generale ($112,500,000 USD), Banco Santander, S.A. ($93,750,000 USD), Credit Suisse AG New York Branch ($93,750,000 USD), Goldman Sachs Bank USA ($93,750,000 USD), Morgan Stanley Bank, N.A. ($93,750,000 USD), DBS Bank Ltd. ($66,477,272.73 USD), Banco Bilbao Vizcaya Argentaria, S.A., New York Branch ($63,068,181.82 USD), Commerzbank AG, New York Branch ($63,068,181.82 USD), Standard Chartered Bank ($42,613,636.36 USD), U.S. Bank National Association ($38,352,272.73 USD), The Northern Trust Company ($28,977,272.73 USD), Australia and New Zealand Banking Group Limited ($28,977,272.73 USD), Lloyds Bank Corporate Markets, plc ($28,977,272.73 USD), State Bank of India, New York Branch ($28,977,272.73 USD), Westpac Banking Corporation ($28,977,272.73 USD), First Abu Dhabi Bank USA N.V. ($18,750,000 USD), Riyad Bank, Houston Agency ($18,750,000 USD), and Bank of China, New York Branch ($28,977,272.73 USD).