Bank of China contributes to $3 billion USD syndicated revolving credit facility to Halliburton Company for general corporate purposes in 2013 (Linked to Record ID#110518)

Project narrative

On February 22, 2011, financial close was reached on a deal in which a syndicate of 24 banks entered into a $2 billion USD syndicated loan agreement with Halliburton Company — a U.S.-based multinational corporation that provides products and services to the energy industry worldwide — for general corporate purposes. The maturity of the loan was 5 years, and the interest rate was LIBOR plus an applicable margin. There was no Chinese bank involvement. On April 23, 2013, the loan agreement was amended to increase the total facility from $2 billion USD to $3 billion USD. While Bank of China Chinese banks contributed to this loan (Record ID#110517), the following lenders participated: Citibank, Royal Bank of Scotland, Deutsche Bank, HSBC Bank USA, Credit Suisse AG, DNB Bank ASA, Goldman Sachs Bank USA, JPMorgan Chase, Lloyds TSB Bank, Morgan Stanley Bank, Bank of Tokyo-Mitsubishi UFJ, U.S. Bank, Wells Fargo, Banco Bilbao Vizcaya Argentaria (BBVA), Nordea Bank, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, Bank of Nova Scotia, State Street Bank, Bank of New York Mellon, Bank of America, Barclays Bank, and Australia and New Zealand Banking Group Limited. On July 21, 2015, financial close was reached on a deal in which a syndicate of 26 banks — including Bank of China — entered into a $4.5 billion USD syndicated loan agreement with Halliburton Company — a U.S.-based multinational corporation that provides products and services to the energy industry worldwide — for general corporate purposes. The maturity of the loan was 5 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 to this loan (Record ID#110518), the following lenders also participated: Citibank, HSBC Bank USA, Mizuho Bank, Deutsche Bank AG, JPMorgan Chase Bank, Bank of America, Barclays Bank, Credit Suisse AG, DNB Capital, Royal Bank of Canada, Bank of Nova Scotia, Bank of Tokyo-Mitsubishi UFJ, U.S. Bank, Wells Fargo, Banco Bilbao Vizcaya Argentaria (BBVA), Goldman Sachs Bank USA, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, Toronto Dominion (Texas) LLC, Australia and New Zealand Banking Group Limited, Lloyds Bank, NBAD Americas N.V., Nordea Bank Finland, Northern Trust Company, and Bank of New York Mellon.