Overview

ICBC contributes to a $70 million AUD syndicated loan to unspecified Australian healthcare companies for refinancing purposes

Commitment Year•2021Country of Activity•AustraliaDirect Recipient Country of Incorporation•UnknownOverseas Jurisdiction•AustraliaSector•HealthFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2021

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

Industrial and Commercial Bank of China (ICBC)

Receiving agencies

Private Sector

Unspecified Australian Healthcare Company

Loan description

ICBC contributions to a $70 million AUD syndicated loan to unspecified Australian healthcare companies for refinancing purposes

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2021, the Sydney Branch of the Industrial and Commercial Bank of China (ICBC) contributed to a $70 million AUD syndicated loan to unspecified Australian healthcare companies for refinancing purposes.

Staff comments

1. The specific details on the borrowers, commitment date, and other loans details are unknown.