Active Commercial AidData Chinese Aid

Bank of China (Bangkok) contributes $8 million to syndicated loan for Banpu Public for general corporate purposes

$8M USD

Funder	Bank of China (Thai) Public Company Limited
Recipient Organization	Banpu Public Company Limited
Country	Thailand
Start Date	Sep 25, 2006
End Date	Mar 25, 2033
Duration	9,678 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`102906`

Grant Description

BOC contributions to USD 8 million syndicated loan for Banpu Public for general corporate purposes On September 25, 2006, Bank of China (Bangkok) contributed $8 million to a $70 million syndicated loan agreement with Banpu Public for general corporate purposes.

The facility featured a 3-year maturity and an interest margin of 42.5 basis points over LIBOR (London Interbank Offered Rate).

The financing for Banpu Public was increased from $50 million to $70 million due to overwhelming demand from lenders during the general syndication process. Mizuho Corporate Bank, the sole bookrunner and mandated lead arranger, committed $22.8 million to the syndicated loan. Bank of Tokyo-Mitsubishi UFJ, co-arranger, lent $15.2 million.

RHB Bank (Bangkok), lead arranger, lent $10 million, with each lead arranger getting a top-level all-in of 53 basis points over LIBOR.

Bank of China (Bangkok) and DZ Bank (Singapore) contributed $8 million and $7 million each, with Arrangers First Commercial Bank and Land Bank of Taiwan pledged $2.5 million apiece, and Chang Hwa Commercial Bank (Singapore) came in with a commitment of $2 million, receiving an all-in of 51.7 basis points over LIBOR.

📋 Staff Comments

1. For loan and debt rescheduling records with variable interest rates, AidData calculates the all-in interest rate at T0 based on the reference rate (such as LIBOR or EURIBOR) on the loan start date, plus any known margin. Please see the methodology for additional details.

📚 Sources & References

Loan Week
September 22-28 Read more at: https://www.financeasia.com/article/loan-week-september-22-28/60569 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.