ICBC contributes $50 million to a $450 million syndicated loan to Trans Media Corpora and Televisi Transformasi Indonesia (Linked to Project ID#96771)
Commitment amount
$ 61494009.06706387
Adjusted commitment amount
$ 61494009.07
Constant 2021 USD
Summary
Funding agency [Type]
Industrial and Commercial Bank of China (ICBC) [State-owned Commercial Bank]
Recipient
Indonesia
Sector
Banking and financial services (Code: 240)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
No
Category
Project lifecycle
Description
Between June 24-29, 2011, Trans Media Corpora and Televisi Transformasi Indonesia entered into a $450 million USD syndicated loan with Bank of China (Project ID#96771) and Bank Danamon Indonesia as mandated lead arrangers, Bank of Tokyo-Mitsubishi UFJ, Bank ICBC, 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.
Additional details
1. Individual contributions are unclear, for the time being, Aiddata assumes equal contribution from all 9 banks.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
Bank of China (BOC) [State-owned Commercial Bank]
PT Bank Danamon Indonesia Tbk [Private Sector]
MUFG Bank, Ltd. (Formerly Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU)) [Private Sector]
Bank Pan Indonesia [State-owned Bank]
Raiffeisen Bank International AG [Private Sector]
Banco de Oro (BDO) [Private Sector]
Chang Hwa Commercial Bank Limited [Private Sector]
Cathay United Bank [Private Sector]
Direct receiving agencies [Type]
Televisi Transformasi Indonesia [State-owned Company]
Trans Media Corpora [State-owned Company]