46928-024: PRC: LOAN PROGRAM FOR CLEAN BUS LEASING
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.17 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. Lease financing for clean buses ... Read More
China, People's Republic of
|Borrower/Equity Investment Name||EVERBRIGHT FINANCIAL LEASING CO.|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||15 Jan 2013|
Not yet classified
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