China Construction Bank contributes to a $220.5 million USD syndicated loan to South Africa's Investec Bank
Commitment amount
$ 41851857.73966694
Adjusted commitment amount
$ 41851857.74
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 $220.5 million USD syndicated loan to South Africa's Investec Bank. The syndicate members include the Bank of New York, Bank of Tokyo-Mitsubishi Ltd, Barclays, BayernLB, Calyon, China Construction Bank (Johannesburg), Citigroup Inc, Commerzbank AG, Dresdner Kleinwort Wasserstein, Erste Bank der oesterreichischen Sparkassen AG, HSH Nordbank AG, and ING BHF-BANK.
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 $$220.5 million loan ($18,375,000) across the 12 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]
The Bank of Tokyo-Mitsubishi, Ltd. (BTM) [Private Sector]
Barclays Bank Plc [Private Sector]
Bayerische Landesbank (BayernLB) [State-owned Bank]
Calyon [Private Sector]
Citigroup [Private Sector]
Commerzbank AG [Private Sector]
Dresdner Kleinwort [Private Sector]
Erste Bank [Private Sector]
BHF Bank [Private Sector]
Hamburg Commercial Bank (HSOB) (Formerly HSH Nordbank AG) [State-owned Bank]
Direct receiving agencies [Type]
Investec Bank (South Africa) [Private Sector]