46928-014: PRC: LOAN PROGRAM FOR CLEAN BUS LEASING - FAR EAST HORIZON LIMITED
Project Data Sheet (PDS): Overview
Subject to the program limit of $275 million, ADB will provide term loans under the program of up to $100 million (or CNY equivalent) per borrower to finance the leasing of clean buses. These loans will have maturities of up to 8 years from the date of the signing of legal documentation. Subject to demand, up to 10% of loan proceeds per borrower can be used to finance the leasing of IT and management systems that will increase bus fleet operating efficiency. Read More
China, People's Republic of
|Borrower/Equity Investment Name||FAR EAST HORIZON LIMITED|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||15 Jan 2013|
|Closing Date||25 Mar 2016|
Transport and ICT
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