BOC contributes Rp 900 billion to Rp 5 trillion syndicated loan to PT Wijaya Karya to support its toll-road projects (Linked to Project ID#96747)
Commitment amount
$ 77509637.16638707
Adjusted commitment amount
$ 77509637.17
Constant 2021 USD
Summary
Funding agency [Type]
Bank of China (BOC) [State-owned Commercial Bank]
Recipient
Indonesia
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
Yes
Category
Project lifecycle
Description
In March 2017, PT Wijaya Karya (Wika) entered into a Rp 5 trillion syndicated loan with 7 banks and state infrastructure financing firm PT Sarana Multi Infrastructure (SMI). The financing details include Bank of Tokyo-Mitsubishi UFJ, Ltd. (leads the loan with Rp 1 trillion), Bank Maybank Indonesia, Bank of China and SMI (Rp 900 billion each), Bank Mizuho Indonesia, Bank ICBC Indonesia (Project ID#96747), Bank BNP Paribas Indonesia, and Bank CTCB Indonesia (covering the rest of the sum). The purpose of the loan is to support Wika's toll-road projects.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
ICBC Indonesia [State-owned Commercial Bank]
Maybank International (L) Limited [Private Sector]
PT Sarana Multi Infrastruktur (Persero) (PT SMI) [State-owned Company]
Mizuho Bank [Private Sector]
BNP Paribas S.A. [Private Sector]
CTCB Indonesia [State-owned Bank]
Direct receiving agencies [Type]
PT Wijaya Karya Tbk (Wika) [State-owned Company]