CDB provides $10 million loan for infrastructure projects

$10M USD

Funder	China Development Bank (CDB)
Recipient Organization	Government of Peru
Country	Peru
Start Date	Jan 01, 2011
End Date	Apr 12, 2026
Duration	5,580 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`57264`

Grant Description

CDB provides $10 million loan for infrastructure projects According to a filing with the U.S.

Securities and Exchange Commission (SEC), the Government of Peru contracted a loan with China Development Bank worth approximately $10 million in 2011.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following borrowing terms: a 5-year maturity and an interest rate of 6 month LIBOR + a 0

📅 Maturity5 years

📋 Staff Comments

The face value of the loan is estimated based on the amount of debt outstanding as of December 31, 2010.
The China-Latin America Finance Database, which is co-produced by the Inter-American Dialogue and Boston University’s Global Development Policy Center, does not capture this CDB loan.
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

Transperencia Econoia
Republic of Peru Bond prospectus
China-Latin America Finance Database 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.