Overview

BOC contributes $50 million to a $450 million syndicated loan to Trans Media Corpora and Televisi Transformasi Indonesia (Linked to Record ID#96772)

Commitments (Constant USD, 2023)$56,824,857

Commitment Year•2011Country of Activity•IndonesiaDirect Recipient Country of Incorporation•IndonesiaSector•Banking And Financial ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jun 24, 2011

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Commercial Banks

Bank of China (BOC)

Cofinancing agencies

Private Sector

Banco de Oro (BDO Unibank)
Cathay United Bank
Chang Hwa Commercial Bank Limited
MUFG Bank, Ltd. (Formerly Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU))
PT Bank Danamon Indonesia Tbk
Raiffeisen Bank International AG

State-owned Banks

Bank Pan Indonesia

State-owned Commercial Banks

Industrial and Commercial Bank of China (ICBC)

Receiving agencies

Private Sector

PT Televisi Transformasi Indonesia
PT Trans Media Corpora

Loan description

ICBC and BOC contributions to 450 million syndicated syndicated loan to Trans Media Corpora and Televisi Transformasi Indonesia

Interest type•Unknown

Narrative

Full Description

Project narrative

Between June 24-29, 2011, Trans Media Corpora and Televisi Transformasi Indonesia entered into a $450 million USD syndicated loan with Bank of China and Bank Danamon Indonesia as mandated lead arrangers, Bank of Tokyo-Mitsubishi UFJ, Bank ICBC (Record ID#96772), Bank Pan Indonesia and Raiffeisen Bank International as lead arrangers, and Banco De Oro Unibank, Cathay United Bank and Chang Hwa Commercial Bank as arrangers. The underwriters were ANZ Panin Bank, BNP Paribas, Citi, Credit Suisse, HSBC, ING, J.P. Morgan, RBS and Standard Chartered. Proceeds are to refinance a $350 million 1.5-year bridge facility signed August 2010.

Staff comments

1. Individual contributions are unclear, for the time being, Aiddata assumes equal contribution from all 9 banks.