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Overview

ICBC (London) provides secured loan to Wessex Winchester GP for unknown purposes

Commitment Year2014Country of ActivityUnited KingdomDirect Recipient Country of IncorporationUnited KingdomOverseas JurisdictionUnited KingdomSectorBusiness And Other ServicesFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Sep 25, 2014

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned Commercial Banks

  • ICBC (London) PLC

Receiving agencies

Private Sector

  • Wessex Winchester GP

Collateral providers

Private Sector

  • Wessex Winchester GP

Security / collateral agents

State-owned Commercial Banks

  • ICBC (London) PLC

Loan description

ICBC (London) provides secured loan to Wessex Winchester GP for unknown purposes

Interest typeUnknown

Collateral

Secured over unknown assets under both a fixed and floating charge.

Narrative

Full Description

Project narrative

On March 12, 2015, ICBC (London), the British subsidiary of the Industrial and Commercial Bank of China (ICBC), provided a secured loan to Wessex Winchester GP for unknown purposes. The loan was secured over fixed and floating charges and the borrower signed a negative pledge. The loan remains outstanding as of October 30, 2023. Other financial details about the loan are currently unknown.