Project ID: 66292

ICBC Indonesia contributes to $167 million syndicated loan to PT Bali Ragawisata for integrated resort complex in Bali

Summary

Funding agency [Type]

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

Recipient

Indonesia

Sector

Other social infrastructure and services (Code: 160)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

Yes

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2014-09-28

Geography

Description

In 2014, ICBC Indonesia, a subsidiary of Industrial and Commercial Bank of China Limited (ICBC), took part in a US$167 million syndicated loan to PT. Bali Ragawisata (or PT Bali Ragawisata) to build an integrated resort complex on the island of Bali. The face value and borrowing terms of the loan are unknown.

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

Yes

Direct receiving agencies [Type]

PT Bali Ragawisata [Private Sector]

Loan Details

Syndicated loan

Investment project loan