CDB contributes $150 million to $300 million syndicated loan with PT Bank Rakyat Indonesia (Persero) Tbk in October 2020 for unspecified purposes (Linked to Project ID#97832, 97833, and 97834)

On October 14, 2020, PT Bank Rakyat Indonesia (Persero) Tbk — an Indonesian state-owned bank — made a $300 million withdrawal under a $800 million syndicated loan facility for unspecified purposes. The borrowing carried an interest rate of three-month LIBOR plus an unspecified margin and a 5-year maturity (final maturity date: August 7, 2025). The participating banks were China Development Bank ($150,000,000), CTBC Bank, Co., Ltd. ($25,000,000), MUFG Bank, Ltd., Singapore branch ($20,000,000), Standard Chartered Bank (Singapore) Limited ($50,000,000), Sumitomo Mitsui Banking Corporation, Singapore branch ($50,000,00), and United Overseas Bank Limited ($5,000,000).

Additional details

1. CDB and BoC's respective contributions to Facility A of the 800 million USD syndicated loan facility are captured via Project ID#97832 and #97833. BoC's contribution to Facility B is captured via Project ID#97834. CDB's contribution to Facility C is captured via Project ID#97807.

Number of official sources

2

Number of total sources

2