Bank of Taiwan is arranging a NT$1.5bn facility for Wintek Corp, a local telecommunications provider. The five-year term loan is split between a NT$1bn and a NT$500mn portion. The margin is 110bp over the CP fixing rate. Co-lead arrangers committing NT$400mn or more earn 10bp, co-arrangers taking NT$300mn-399mn earn 8bp and managers investing NT$200mn-299mn take 6bp. Proceeds are to fund the construction of a new plant. The facility is expected to launch early August.
Taiwan project loan progresses
No category / 24-07-03 / by