Project ID: 36907

China Development Bank participates in a $100 million syndicated loan with Bladex for trade finance purposes

Commitment amount

$ 75100502.4137396

Adjusted commitment amount

$ 75100502.41

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Americas, regional

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

No

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2009-08-20

Description

On August 20, 2009, Mizuho Corporate Bank, Ltd. and China Development Bank Corporation (CDB) signed a $100 million syndicated loan with Banco Latinoamericano de Comercio Exterior, S.A. (Bladex), a regional Latin American trade bank. The loan carried a two-year maturity and an unknown interest rate. The proceeds of the loan were to be used by the borrower to promote foreign trade.

Additional details

1. The size of CDB’s contribution to the $100 million syndicated loan is unknown. For the time being, AidData has assumed that the two known members of the syndicate each made equal contributions ($50 million) and coded accordingly.

Number of official sources

4

Number of total sources

5

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Details

Cofinanced

Yes

Cofinancing agencies [Type]

Mizuho Bank [Private Sector]

Direct receiving agencies [Type]

Foreign Trade Bank of Latin America (Bladex) [Intergovernmental Organization]

Loan Details

Maturity

2 years

Syndicated loan

Inter-bank loan