Project ID: 60106

China Eximbank provides $240 million loan to State Grid Brazil Holding S.A. for unspecified purposes

Commitment amount

$ 334254464.5910977

Adjusted commitment amount

$ 334254464.59

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Brazil

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Other public sector debt

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2010-01-01

Geography

Description

In 2010, the China Eximbank and State Grid Brazil Holding S.A. signed a $240,000,000 loan agreement for unspecified purposes. The loan has an interest rate of six-month LIBOR plus a 2% margin. Interest was to be amortized quarterly, beginning in March 2011. The loan was to be repaid within 60 months.

Additional details

1. AidData has estimated the all-in interest rate (2.519%) by adding 2% to average 6-month LIBOR in 2010 (0.519%).

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

State Grid Brazil Holding S.A. [State-owned Company]

Loan Details

Maturity

5 years

Interest rate

2.519%

Grant element (OECD Grant-Equiv)

7.5697%

Bilateral loan