4 Financial Institutions currently invest or make available an estimated USD$ 371.48 million in nuclear weapons companies.
Bank of China
Bank of China currently has an estimated USD$ 83.60 million invested or available for the nuclear weapons producers identified in this report.
Loans
In November 2010, Boeing secured a one-year revolving credit facility with a value of US$ 2,376 million. The proceeds were used to refinance the loan from November 2009 and for general corporate purposes. Bank of China was part of the syndicate of 37 banks, participating with an estimated amount of US$ 40.7 million.[i]
In December 2011, Boeing entered into a US$ 4,600 million revolving credit facility. The facility was split in two tranches: a one-year US$ 2,300 million tranche at a base rate of LIBOR+82.500bps, which replaced the loan secured in November 2010,and a five-year US$ 2,300 million tranche at a base rate of LIBOR+79.500bps.The proceeds were used for refinancing bank debt and general corporate purposes. Bank of China participatedin the syndicate of 35 banks, providing an estimated amount of US$ 83.6 million.[ii]
Bank of Communications
Bank of Communications currently has an estimated USD$ 20.00 million invested or available for the nuclear weapons producers identified in this report.
Loans
In June 2013, Aecom entered into a US$ 750 million five-year term loan at a base rate of LIBOR+150.000bps, a second amendment to an existing credit agreement from 2010. The proceeds were destined for capital expenditures, to repay all obligations owing under the existing credit agreement, and for other general corporate purposes. Bank of Communications was part of the 24 bank syndicate and participated with an estimated US$ 20 million.[iii]
Industrial and Commercial Bank of China
Industrial and Commercial Bank of China currently has an estimated USD$ 195.00 million invested or available for the nuclear weapons producers identified in this report.
Loans
In November 2010, Boeing secured a one-year revolving credit facility with a value of US$ 2,376 million. The proceeds were used to refinance the loan from November 2009 and for general corporate purposes. Industrial and Commercial Bank of China (ICBC) was part of the syndicate of 37 banks, participating with an estimated amount of US$ 40.7 million.[iv]
In December 2011, Boeing entered into a US$ 4,600 million revolving credit facility. The facility was split in two tranches: a one-year US$ 2,300 million tranche at a base rate of LIBOR+82.500bps, which replaced the loan secured in November 2010,and a five-year US$ 2,300 million tranche at a base rate of LIBOR+79.500bps.The proceeds were used for refinancing bank debt and general corporate purposes. ICBC participatedin the syndicate of 35 banks, providing an estimated amount of US$ 83.6 million.[v]
In April 2011, EADS secured a five-year revolving credit facility with a value of € 3,000 million (US$ 4,345.3 million), at a base rate of EURIBOR+37.500bps. The proceeds were used for refinancing and for general corporate purposes. ICBC participated in the 39 bank syndicate, committing an estimated amount of US$ 111.4 million.[vi]
State Administration of Foreign Exchange
State Administration of Foreign Exchange currently has an estimated USD$ 72.88 million invested or available for the nuclear weapons producers identified in this report.
Asset management
Table 1 provides an overview of the nuclear weapon companies in which State Administration of Foreign Exchange owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.
Table 1 Shareholdings of State Administration of Foreign Exchange
| Company | Country | % of all outstanding shares | Value (US$ mln) | Filing date (range) |
| Babcock International | United Kingdom | 1.24 | 72.88 | 26-Feb-2013 |
Source: Thomson ONE Banker, “Share ownership”, Thomson ONE Banker (www.thomsonone.com), viewed July 2013.