Project ID: 61476

XCMG Loans 80,500 USD to Exito Impd. Brasil

Commitment amount

$ 94516.94641303053

Adjusted commitment amount

$ 94516.95

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

2012-06-01

Planned start

2012-06-01

Description

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.

Number of official sources

1

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Exito Importadora e Exportadora S.A. [Private Sector]

Loan Details

Bilateral loan

Supplier's credit/Export seller's credit