Project ID: 96722

Bank of China participates in USD 100 million syndicated loan to HDFC Bank for unspecified purposes

Commitment amount

$ 15943564.853206454

Adjusted commitment amount

$ 15943564.85

Constant 2021 USD

Summary

Funding agency [Type]

Bank of China (BOC) [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

Intent

Commercial (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

2004-08-01

Description

In August 2004, Bank of China agreed to participate in a USD 100 million syndicated loan to HDFC Bank. The loan is a 364 day credit. Interest rate and fees are unknown. In August of 2004, the signing date had not been decided. As lead arrangers, BA Asia, DBS Bank, HSBC, Natexis Banques Populaires, RZB Austria and DZ Bank contributed USD 10 million each. Bank Muscat, Bank of China and NordLB served as arrangers and contributed USD 7 million each. As lead managers, Lloyds TSB Bank committed USD 7 million and Export-Import Bank of Taiwan and Sumitomo Mitsui Banking Corp each contributed USD 5 million. Banca Monte dei Paschi di Siena joined as a manager with a contribution of USD 2 million.

Additional details

Number of official sources

0

Number of total sources

1

Download the dataset

Details

Cofinanced

Yes

Cofinancing agencies [Type]

Bank of America, N.A. [Private Sector]

Development Bank of Singapore (DBS) [Private Sector]

Natexis Banques Populaires [Private Sector]

Raiffeisen Bank International AG [Private Sector]

DZ Bank AG [Private Sector]

Bank Muscat [State-owned Bank]

Norddeutsche Landesbank Girozentrale (NORD/LB) [State-owned Bank]

Lloyds Bank [Private Sector]

Sumitomo Mitsui Banking Corporation [Private Sector]

Banca Monte dei Paschi di Siena SpA [State-owned Bank]

Export-Import Bank of the Republic of China, Taipei [State-owned Bank]

HSBC Bank PLC [Private Sector]

Direct receiving agencies [Type]

HDFC Bank [Private Sector]

Loan Details

Maturity

1 years

Syndicated loan

Short-term loan