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Overview

China Eximbank contributes to a $46 million USD loan to Golden Union Shipping

Commitment Year2011Country of ActivityGreeceDirect Recipient Country of IncorporationGreeceSectorTransport And StorageFlow TypeLoan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2011

Geospatial footprint

Map overview

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The project provided a loan to Golden Union Shipping, whose HQ is located in Lykovrysi, Greece. The address of Golden Union Shipping HQ is Dionisiou Solomou 32, Likovrisi 141 23, Greece. More detailed locational information can be found at: https://www.openstreetmap.org/way/1082537130

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 Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Private Sector

  • Golden Union Shipping Co. S.A.

Loan description

2011 syndicated 46 million USD loan from China Eximbank to Golden Union Shipping

Interest typeUnknown

Narrative

Full Description

Project narrative

In 2011, the Export-Import Bank of China served as the Mandated Lead Arranger on a $46,000,000 USD term loan facility to Greek shipping company Golden Union Shipping Co. S.A.. Further loan details, including the other contributors to this loan and China Eximbank's contribution, is unknown.