Bank of China contributes $33 million to $300 million syndicated loan to PT Bank Rakyat Indonesia in October 2020 for unspecified purposes (Linked to Project ID#97832, #97834, and #97807)

On October 14, 2020, PT Bank Rakyat Indonesia (Persero) Tbk — an Indonesian state-owned bank — made a $300 million (‘facility A’) withdrawal under a $800 million syndicated loan facility for unspecified purposes. The borrowing carried an interest rate of three-month LIBOR plus 55 basis points and a 9-month maturity (final maturity date: July 30, 2021). The participating banks were China Development Bank, Hong Kong branch ($129,000,000), MUFG Bank Ltd ($48,000,000), PT Bank Mizuho Indonesia ($30,000,000), CTBC Bank, Co., Ltd., Singapore branch ($30,000,000), Bank of China (Hong Kong) Limited ($33,000,000), Citibank, N.A., Indonesia branch ($27,000,000), Wells Fargo Bank ($900,000), The Hyakugo Bank, Ltd. ($600,000), PT Bank Permata Tbk ($600,000), DZ Bank AG, Deutsche Zentral ($900,000).

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. 2. AidData has calculated the interest rate for this facility using the 3-month LIBOR rate from October 2020 (0.081%). For more information, see: https://www.global-rates.com/en/interest-rates/libor/american-dollar/2020.aspx

Number of official sources

2

Number of total sources

4