Overview

Shanghai Confucian Loans 610,533.52 USD to JS Filhos & CIA

Commitments (Constant USD, 2023)$665,922

Commitment Year•2016Country of Activity•BrazilDirect Recipient Country of Incorporation•BrazilSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Apr 1, 2016

Start (actual): Apr 1, 2016

End (actual): Apr 1, 2016

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned companies

Shanghai Construction Group General Co.

Receiving agencies

Private Sector

JS Filhos & Cia Ltda.

Loan description

Shanghai Confucian Loans 610,533.52 USD to JS Filhos & CIA

Interest type•Unknown

Narrative

Full Description

Project narrative

In April 2016, the Shanghai Confucian, a Chinese import and export trading company, loaned 610,533.52 USD to JS Filhos & Cia, a Brazil-based apparel and textile company, as import financing. The loan terms and use of the loan are unclear. The Central Bank of Brazil lists the registration of the loan as complete.

Staff comments

Import financing is assumed to be export credits.