Computers Electronics sector loans down 20% in Asia Pacific ex Japan
United Renewable Energy has signed a NT$10130 million facility through joint bookrunners and mandated lead arrangers First Commercial Bank, Taiwan Cooperative Commercial Bank, Mega International Commercial Bank and Chinatrust Commercial Bank. Syndication saw Shanghai Commercial Savings Bank and Agricultural Bank of Taiwan joined as arrangers while Land Bank of Taiwan and Taiwan Business Bank came in as participants. Proceeds are for refinancing and working capital purposes.
Taiwan syndicated loan volume stands at $26.2 billion so far this year, down...