Project ID: 61419

ICBC contributes Rp 366 billion to syndicated loan for Cikopo-Palimanan toll road

Commitment amount

$ 28022664.307223428

Adjusted commitment amount

$ 28022664.31

Constant 2021 USD

Summary

Funding agency [Type]

Industrial and Commercial Bank of China (ICBC) [State-owned Commercial Bank]

Recipient

Indonesia

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2018-09-17

Description

On September 17, 2018, the Bank ICBC Indonesia provided Rp 366 billion in debt financing as part of a syndicated loan to PT Lintas Marga Sedaya with a total financing agreement of Rp 8.88 trillion. The financing will be used for refinancing and funding the construction of the BIJB Kertajati Airport Link Toll Road from the Cikopo-Palimanan toll road.

Additional details

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

Yes

Direct receiving agencies [Type]

ICBC Indonesia [State-owned Commercial Bank]

Loan Details

Syndicated loan

Inter-bank loan

Investment project loan

Refinancing