Sample Letter of Intent for Applying Soft Loan from China Eximbank
To: China Eximbank
The Government of ________ hereby confirms the intent to utilize a preferential buyer's credit loan facility in a aggregated maximum amount of up to ___________ million USD to finance the ___________power plant project located at _______. major condition for the loan is:
1. Brief introduction of the project: please refer to the attached EPC contract or feasibility study.
2. Construction Period: __________ months.
3. Maturity: 20 years including __ years of grace period, but extendable another five years.
4. Borrower: the Government of __________ represented by Its Ministry of Finance.
5. Sponsor and project execution body: National Power Generation Companies or others.
6. Chinese EPC Contractor: here list name and address of the contracted EPC for the projects.
Ministry of Finance, Federal Government Name