Project ID: 70741

CDB contributes to $73 million USD syndicated loan to refinance a loan to JSC Lokomotiv

Commitment amount

$ 40408975.94640983

Adjusted commitment amount

$ 40408975.95

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Kazakhstan

Sector

Action relating to debt (Code: 600)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Mixed (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

2014-01-01

Description

In 2014, Hongkong and Shanghai Banking Corporation (HSBC) and China Development Bank (CDB) provided a $73 million syndicated loan to Joint Stock Company (JSC) Lokomotiv to refinance a loan that was previously obtained for the acquisition of 22 electric locomotives. The borrowing terms are unknown.

Additional details

1. For the time being, AidData has estimated the contribution the Chinese state-owned banks by assuming that the two lenders contributed equal amounts ($36,500,000) to the loan syndicate.

Number of official sources

4

Number of total sources

5

Download the dataset

Details

Cofinanced

Yes

Cofinancing agencies [Type]

HSBC (Hong Kong and Shanghai Banking Corporation) [Private Sector]

Direct receiving agencies [Type]

Joint Stock Company (JSC) Lokomotiv [State-owned Company]

Loan Details

Syndicated loan

Refinancing