Project ID: 61394

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

Commitment amount

$ 260831.63651983987

Adjusted commitment amount

$ 260831.64

Constant 2021 USD

Summary

Funding agency [Type]

XCMG Construction [State-owned Company]

Recipient

Brazil

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Commercial (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

2014-03-01

Planned start

2014-03-01

Description

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.

Number of official sources

1

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Target Trading S.A. [Private Sector]

Loan Details

Bilateral loan

Supplier's credit/Export seller's credit