Industrial and Commercial Bank of China (Asia) participates in USD 125 million syndicated loan to HDFC Bank
Commitment amount
$ 54255833.740353726
Adjusted commitment amount
$ 54255833.74
Constant 2021 USD
Summary
Funding agency [Type]
Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) [State-owned Commercial Bank]
Recipient
India
Sector
Banking and financial services (Code: 240)
Flow type
Loan
Level of public liability
Private debt
Infrastructure
No
Category
Project lifecycle
Description
In August 2005, Industrial and Commercial Bank of China (Asia) participated in a USD 125 million syndicated loan to HDFC Bank. The loan had a maturity of three years. The interest rate is unknown. BNP Paribas, Bank of Tokyo-Mitsubishi, Calyon, and Natexis Banques Populaires participated in the syndicate. The purpose of the loan is unknown.
Additional details
1. AidData assumes equal contributions from each member of the syndicate. USD 125 million divided by 5 participants is a USD 25 million contribution from each lender.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
BNP Paribas S.A. [Private Sector]
MUFG Bank, Ltd. (Formerly Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU)) [Private Sector]
Natexis Banques Populaires [Private Sector]
Crédit Agricole Corporate and Investment Bank (CACIB) (Crédit Agricole CIB) (Formerly Calyon) (Formerly Crédit Agricole Indosuez (CAI)) [Private Sector]
Direct receiving agencies [Type]
HDFC Bank [Private Sector]
Loan Details
Maturity
3 years