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Bank of China contributes 7.5 million USD to a 150 million USD syndicated loan for Liquid Telecom in December 2014
| Funder | Bank of China (BOC) |
|---|---|
| Recipient Organization | Liquid Intelligent Technologies |
| Country | Mauritius |
| Start Date | Jan 01, 2014 |
| End Date | Mar 22, 2026 |
| Duration | 4,463 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 98590 |
Grant Description
Bank of China contributes to USD 150 million syndicated loan for Liquid Telecom in December 2014 In December 2014, Bank of China contributed 7.5 million USD to a 150 million USD syndicated loan for Liquid Telecom, the Mauritius-headquartered fixed line provider.
The loan was closed in the second half of December 2014, had a five-year maturity, and amortizing profile. 10 banks participated in the syndicate loan: Standard Chartered (lent 40 million USD), Standard Bank (29 million), Barclays (19 million), Investec (19 million), Liberty Holdings (12.5 million), AfrAsia Bank (6 million), Sanlam (6 million), State Bank of India (6 million), and Federated Project and Trade Finance (5 million).
Sources & References
StanChart and Standard dominate Liquid Telecom loan allocations 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
Liquid Intelligent Technologies
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