Structured Finance - ICBC (Asia)
Structured Finance
We can provide bespoke financing products to meet the multiple and specific needs of our clients with diverse circumstances and unique requirements.
Mergers & Acquisitions Loans
Acquisition loan be granted to the acquirer or its subsidiary for payment of the purchase price and related transaction costs.
Suitability
Clients with mergers & acquisitions financing needs. M&A transactions usually refer to the transactions whereas acquirers obtain the control and ownership of the targets and/or their assets through purchase of targets' existing shares, subscription to new shares, transfer/assignment of targets' assets and liabilities, or mergers with their operating entities.
Our Competitive Edge
- ICBC (Asia) has provided clients with diverse backgrounds cross-border M&A financing in bilateral loans or syndicated loans. ICBC (Asia) can work efficiently with all parties and provide large amounts of acquisition loans to meet clients' funding needs.
General Requirements
Acquirers shall be properly incorporated with sound financial and credit standing. They shall be able to meet the eligibility and approval requirements of the relevant government bodies and regulatory authorities. The transactions shall be in compliance with all applicable laws and government orders and guidelines.
Application Procedure
- The borrower (acquirer) may contact us for its acquisition financing needs;
- Our Bank evaluates the credit standing of the borrower and transaction documents. Having satisfied our Bank's requirements, an expression of interest or a letter of intent will be issued.
- Seller and acquirer sign the sale and purchase agreement;
- Our Bank conducts the due diligence study and applies for credit approval in accordance with our Bank's policies and procedures;
- Borrower and our Bank sign the loan and security documents. Loan may be disbursed after having satisfied the conditions precedent to initial drawdown.
Energy, Natural Resources and Infrastructure Project Financing
Limited or non-recourse project loans may be provided to finance the development and construction of overseas energy, natural resources and infrastructure projects. Repayment is based on the project cash flow coupled with appropriate insurance cover and/or third party guarantee as credit enhancement.
Suitability
Large scale greenfield projects in power generation, irrigation, natural resources, roads and bridges, tunnels, rails, airports, etc with long term stable project cash flow.
Our Competitive Edge
- ICBC (Asia) has a dedicated products coverage team with ample experience and credentials. We can offer tailor-made project financing loan to suit specific project's needs.
General Requirements
Investors shall be properly incorporated with sound financial and credit standing. They shall be able to meet the investment eligibility and project approval requirements of the relevant government departments in the host countries. The project shall be developed and operated in compliance with all applicable laws and government orders and guidelines.
Application Procedure
- The borrower (project company) may contact us for its project financing needs;
- Borrower and our Bank work together to discuss the financing and credit requirements in various project documents, including but not limited to, shareholder agreement, EPC contract, O&M agreement, long term offtake or sales agreement, long term supply agreement, assignment of insurance, project mortgage, assignment of revenue, share pledge, etc;
- Our Bank will conduct the due diligence study and apply for credit approval in accordance with our Bank's policies and procedures;
- After having obtained necessary approvals, Borrower and our Bank work together to prepare loan agreement and security documents;
- Borrower and our Bank sign the loan agreement and related security documents. Loan may be disbursed after having satisfied the conditions precedent to initial drawdown.
Environmental, Social and Governance Loans
ESG loans are those loans with specific clauses and requirements in environmental, social and corporate governance activities with the aims to promote and encourage the borrowers to conduct sustainability development and realize sustainability financing benefits. Related loan products include green loans, social loans, sustainability linked loans, etc.
Suitability
Clients with ESG financing needs.
Our Competitive Edge
- ICBC (Asia) has taken into account of clients' needs and arranged suitable ESG loans in different types. Our efficient ESG service can meet clients' financing needs and support their sustainability development.
General Requirements
Borrowers shall be properly incorporated with sound financial and credit standing and are in compliance with applicable laws, social and environmental regulations, governmental directives, etc.
Application Procedure
- The borrower may contact us for its ESG financing needs;
- Our Bank evaluates the borrower's financial and related materials, and design appropriate ESG loan structure to suit the requirements of the borrower;
- Our Bank conducts the due diligence study and applies for credit approval in accordance with our Bank's policies and procedures;
- External reviewer be appointed to assess and give certification;
- Borrower and our Bank sign the loan agreement;
- External reviewer issues the ESG opinion;
- Loan may be disbursed after having satisfied the conditions precedent to initial drawdown.
Note: The information contained herein is for reference only. Terms and conditions are subject to regulations issued by ICBC Asia.
