ICBC contributes $50 million to $375 million syndicated term loan for Government of Malaysia for unspecified purposes (Linked to Record ID#104668)

$50M USD

Funder	Industrial and Commercial Bank of China (ICBC)
Recipient Organization	Government of Malaysia
Country	Malaysia
Start Date	Mar 24, 2003
End Date	Sep 08, 2029
Duration	9,665 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`104669`

Grant Description

In 2003, ICBC and Bank of China (Hong Kong) contribute to USD 375 million syndicated term loan for the Government of Malaysia On or around March 24, 2003, the Government of Malaysia signed a $375 million term loan agreement for unspecified purposes with a syndicate of banks. The loan was arranged by Barclays Capital, Citigroup/SSB, Maybank, Standard Chartered and Sumitomo Mitsui Banking Corp.

United Overseas Bank contributed $100 million, while OCBC contributed $80 million, Bank of China (Hong Kong) contributed $50 million, and ICBC contributed $50 million.

Bank of China (Hong Kong)'s contribution is captured via Record ID#104668 and ICBC's contribution is captured via Record ID#104669.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

📋 Staff Comments

1. What this loan will be used for was not found.

📚 Sources & References

Asia Loans 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.