China Construciton Bank contributes to a $147 million USD syndicated loan to South Africa's Investec Bank
Commitment amount
$ 30437714.80258149
Adjusted commitment amount
$ 30437714.8
Constant 2021 USD
Summary
Funding agency [Type]
China Construction Bank Corporation (CCB) [State-owned Commercial Bank]
Recipient
South Africa
Sector
Unallocated/unspecified (Code: 998)
Flow type
Loan
Level of public liability
Private debt
Infrastructure
No
Category
Project lifecycle
Description
Between 2002 and 2004, China Construction Bank contributes to a $147 million USD syndicated loan to South Africa's Investec Bank. The syndicate member of this loan includes the Bank of New York, Mitsubishi Tokyo Financial Group Inc, Barclays, BayernLB, Calyon, China Construction Bank (Johannesburg), Citigroup Inc, Commerzbank AG, Dresdner Kleinwort Wasserstein, Erste Bank der oesterreichischen Sparkassen AG, and HSH Nordbank AG, ING.
Additional details
The precise size of the contribution of ICBC to the loan syndicate is unknown. For the time being, AidData assumes equal contributions to the $147 million loan ($13,363,636) across the 11 known participants in the loan syndicate.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
Bank of New York [Private Sector]
Mitsubishi UFJ Financial Group [Private Sector]
Barclays Bank Plc [Private Sector]
Bayerische Landesbank (BayernLB) [State-owned Bank]
Calyon [Private Sector]
Citigroup [Private Sector]
Commerzbank [Private Sector]
Dresdner Kleinwort [Private Sector]
Erste Bank [Private Sector]
Hamburg Commercial Bank (HSOB) (Formerly HSH Nordbank AG) [State-owned Bank]
Direct receiving agencies [Type]
Investec Bank (South Africa) [Private Sector]