ICBC (Asia) contributes to a USD $125 million syndicated loan to ICICI Bank
Commitment amount
$ 54255833.740353726
Adjusted commitment amount
$ 54255833.74
Constant 2021 USD
Summary
Funding agency [Type]
Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) [State-owned Commercial Bank]
Recipient
India
Sector
Banking and financial services (Code: 240)
Flow type
Loan
Level of public liability
Private debt
Infrastructure
No
Category
Project lifecycle
Description
In August 2005, Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) participated in a $125 million USD syndicated loan to ICICI Bank. Along with ICBC (Asia), BNP Paribas, Bank of Tokyo-Mitsubishi, Calyon, and Natexis Banques Populaires were the lead banks. This loan carried a maturity period of three years.
Additional details
1. The exact size of ICBC’s financial contributions to the $125 million syndicated loan are unknown. For the time being, AidData assumes that all five members of the lending syndicate contributed equal amounts ($25,000,000).
Number of official sources
0
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
BNP Paribas S.A. [Private Sector]
MUFG Bank, Ltd. (Formerly Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU)) [Private Sector]
Natexis Banques Populaires [Private Sector]
Crédit Agricole Corporate and Investment Bank (CACIB) (Crédit Agricole CIB) (Formerly Calyon) (Formerly Crédit Agricole Indosuez (CAI)) [Private Sector]
Direct receiving agencies [Type]
ICICI Bank Limited [Private Sector]
Loan Details
Maturity
3 years