China Eximbank provides $240 million loan to State Grid Brazil Holding S.A. for unspecified purposes

$240M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	State Grid Brazil Holding S.A. (SGBH)
Country	Brazil
Start Date	Jan 01, 2010
End Date	Feb 22, 2027
Duration	6,261 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60106`

Grant Description

China Eximbank provides $240 million loan to State Grid Brazil Holding S.A. for unspecified purposes In 2010, the China Eximbank and State Grid Brazil Holding S.A. signed a $240,000,000 loan agreement for unspecified purposes. The loan has an interest rate of six-month LIBOR plus a 2% margin. Interest was to be amortized quarterly, beginning in March 2011.

The loan was to be repaid within 60 months.

📋 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

State Grid Brazil Holdings RELATÓRIO DA ADMINISTRAÇÃO 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.