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Overview

Bank of China contributes to a $57 million SGD syndicated loan to Eunos Link Technology Park for unspecified purposes

Commitments (Constant USD, 2023)$13,727,866
Commitment Year•2005Country of Activity•SingaporeDirect Recipient Country of Incorporation•SingaporeSector•Business And Other ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 28, 2005

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

  • Bank of East Asia Limited (BEA)
  • Citigroup Inc.
  • First Commercial Bank Limited
  • United Overseas Bank Limited (UOB)

Receiving agencies

Private Sector

  • Eunos Link Technology Park Ltd.

Loan description

Bank of China contributions to SGD 57 million 2005 syndicated loan facility for unspecified purposes with Eunos Link Technology Park

Interest type•Unknown

Narrative

Full Description

Project narrative

On June 28, 2005, a group of five banks — including Bank of China (BOC) — signed a $57 million SGD syndicated lending facility to Eunos Link Technology Park Ltd. — a Singaporean company — for unspecified purposes. Other members of the syndicate included Citigroup (as arranger), Bank of East Asia, United Overseas Bank, and First Commercial Bank.

Staff comments

1. AidData is unable to ascertain individual contributions made to the facility by each member of the syndicate, therefore equal contributions from each lender have been assumed (57/5).