The Overseas / Contract Project Financing facility is available to Malaysian companies. Loan disbursements are generally made direct to the Malaysian suppliers / contractors. The facility provides financial support to Malaysian investors/contractors undertaking projects overseas such as infrastructure, manufacturing and other developmental projects.
Terms and Conditions
Facility
Investment
Contracts
Purpose
To finance the development, upgrading or expansion of infrastructural facilities, plant and building and fixed assets purchase, such as machinery equipment.
To finance working capital and bonds requirements for the undertaking of overseas contracts.
Margin of Financing
Up to a maximum of 85% of Project Cost or Contract Value.
Working capital and bonds: up to the requirements of the contract.
Eligibility
Malaysian suppliers / contractors.
Tenor
Up to a maximum of 10 years inclusive grace period not exceeding 2 years.
Up to a maximum of 10 years.
Interest Rate
Cost of fund plus spread.
Currency
US Dollar or other applicable currencies.
Repayment
Quarterly
Against contract proceeds: Bullet and/or progressive repayments.
Disbursement
Direct to the suppliers / contractors.
Direct to the suppliers / contractors
Overhead expenses direct to borrowers
Security
Any or not limited to the following: -
Corporate Guarantee
Shareholders and / or Directors Guarantee
Landed property
First charge on fixed and floating assets of the borrower
Assignment of relevant contracts, agreements, insurance policies inclusive of all project rights and benefits
Any or not limited to the following: -
Corporate Guarantee
Shareholders and / or Directors Guarantee
Sinking fund
Cash margin against bond issuance
Assignment of contract proceeds
Others
Note: The terms and conditions stated above are subject to review from time to time.
