Project ID: 96732

BOC contributes $26.6 million to $133 million syndicated loan to PT Elnusa Tbk

Commitment amount

$ 31231686.64082748

Adjusted commitment amount

$ 31231686.64

Constant 2021 USD

Summary

Funding agency [Type]

Bank of China (Jakarta Branch) [State-owned Commercial Bank]

Recipient

Indonesia

Sector

Business and other services (Code: 250)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Mixed (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

2012-02-01

Description

In February 2012, PT Elnusa Tbk - part of the state-owned Pertamina group - entered into a syndicated loan of $133 million with five banks including PT Bank Central Asia Tbk. (BBCA) act as the Mandated Lead Arranger, Indonesia Eximbank as Lead Arranger, Bank Chinatrust Indonesia, Bank Mizuho Indonesia and Bank of China Jakarta Branch (BOC) as Arranger. Part of the loan will be used for the company's refinancing.

Additional details

1. Individual contributions are unclear, Aiddata assumes equal contribution from all 5 banks.

Number of official sources

2

Number of total sources

3

Download the dataset

Details

Cofinanced

Yes

Cofinancing agencies [Type]

PT Bank Central Asia Tbk (BCA) [Private Sector]

PT Bank Mizuho [Private Sector]

Chinatrust Commercial Bank [Private Sector]

Indonesia Eximbank [State-owned Bank]

Direct receiving agencies [Type]

PT Elnusa Tbk [State-owned Company]

Loan Details

Syndicated loan

Refinancing