Vaccine producer scores with NT$2.337bn loan

16 Sep 2009

Taiwanese human vaccine producer ADImmune Corp completed its NT$2.337bn seven year loan on Monday.

Bookrunners E.Sun Commercial Bank, EnTie Commercial Bank, First Commercial Bank, Land Bank of Taiwan and Taiwan Business Bank each took a NT$391.4m ticket.

Bank of Taiwan pledged NT$230m and Chang Hwa Commercial Bank lent NT$150m.

Proceeds will refinance existing debt facilities and for working capital purposes.

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