Overview

Chinese Government restructures amortization period for Cuba interest-free credits

Commitment Year•2012Country of Activity•CubaDirect Recipient Country of Incorporation•CubaSector•Action Relating To DebtFlow Type•Debt rescheduling

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 5, 2012

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Cuba

Loan description

Chinese Government restructures amortization period for Cuba interest-free credits

Interest rate (t₀)•0%Interest type•Fixed Interest Rate

Narrative

Full Description

Project narrative

On July 5, 2012, an Exchanges of Notes agreement was signed for the extension of the repayment period of interest-free government credits provided to Cuba by the Chinese Government. It is unknown which credits specifically are referenced in this Exchange of Notes.