Overview

XCMG loaned 235,600 USD to Target Trading S.A.

Commitments (Constant USD, 2023)$241,620

Commitment Year•2014Country of Activity•BrazilDirect Recipient Country of Incorporation•BrazilSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Mar 1, 2014

Start (planned): Mar 1, 2014

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

Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

Receiving agencies

Private Sector

Target Trading S.A.

Loan description

XCMG loaned 235,600 USD to Target Trading S.A.

Interest type•Unknown

Narrative

Full Description

Project narrative

In March 2014, XCMG Construction Mahcinery Co. loaned 235,600 USD to Target Trading S.A. The loan terms and use of the loan are unclear. The Central Bank of Brazil lists the registration of the loan as complete, however the current status is unclear.