Overview

XCMG Loans 80,500 USD to Exito Impd. Brasil

Commitments (Constant USD, 2023)$87,247

Commitment Year•2012Country of Activity•BrazilDirect Recipient Country of Incorporation•BrazilSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jun 1, 2012

Start (planned): Jun 1, 2012

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

Exito Importadora e Exportadora S.A.

Loan description

XCMG Loans 80,500 USD to Exito Impd. Brasil

Interest type•Unknown

Narrative

Full Description

Project narrative

In June 2012, Xuzhou Heavy Machinery Co., Ltd. (XCMG) loaned 80,500 USD to Exito Impd. Brasil 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. However, the current status is unclear.