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Bank of China (Hong Kong) contributes $22 million to $200 million syndicated loan to PT Bank Rakyat Indonesia in August 2020 for unspecified purposes (Linked to Record ID#97837)
| Funder | Bank of China (Hong Kong) Limited (BOCHK) |
|---|---|
| Recipient Organization | PT Bank Rakyat Indonesia (Persero) Tbk |
| Country | Indonesia |
| Start Date | Aug 14, 2020 |
| End Date | Jan 06, 2028 |
| Duration | 2,701 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 97846 |
Grant Description
CDB and BOC contributions to USD 200 million syndicated loan to PT Bank Rakyat Indonesia for unspecified purposes On August 14, 2020, PT Bank Rakyat Indonesia (Persero) Tbk — an Indonesian state-owned bank — made a $200 million (‘facility A’) withdrawal under a $1 billion syndicated loan facility for unspecified purposes.
The participating banks were MUFG Bank Ltd ($32,000,000), China Development Bank, Hong Kong branch ($86,000,000), PT.
Bank Mizuho Indonesia ($20,000,000), CTBC Bank Co., Ltd., Singapore branch ($20,000,000), Bank of China (Hong Kong) Limited ($22,000,000), and Citibank, N.A., Indonesia branch ($20,000,000). CDB's contribution is captured via Record ID#97837.
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
- PT Bank Rakyat Indonesia (Persero) Tbk and its Subsidiaries Interim consolidated financial statements as of June 30, 2021 and for the six-month period then ended with report on review of interim financial information
- PT Bank Rakyat Indonesia (Persero) Tbk And its Subsidiaries Interim consolidated financial statements as of September 30, 2020 and for the nine-month period ended with report on review of interim financial information
- BRI tests appetite for $1bn loan return
- BRI mandates 10 for loan return 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.
All Grantees
PT Bank Rakyat Indonesia (Persero) Tbk
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