Taiwan Cement Corp issues $1bn RFP

By Rashmi Kumar
21 Jan 2014

Taiwan Cement Corp International, the Hong Kong-listed unit of Taiwan’s largest cement manufacturer, has sent out a request for proposals for a loan of $1bn, as it seeks to refinance the bridge loan it took in November last year to fund the purchase of shares in fellow subsidiary TCC International Holdings (TCCIH).

The RFP was sent out on January 10, according to a banker who has received the invitation. The loan will have a tenor of five years, with banks given until February 13 to submit their bids.

TCC International Limited is expected to use around $650m of the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial