World’s largest sports shoe firm scores with $500m club loan

06 Apr 2009

Yue Yuen Industrial, the world’s largest athletic footwear maker by output, completed a $500m loan last week after commitments from 14 banks allowed it to increase the facility by $150m. The Taiwanese shoemaker closed the club deal at the end of last week, after initially planning to raise $350m.

Bank of China, Bank of America, Bank of Nova Scotia, Bank Sinopac, Cathay United Bank, China Construction Bank, Chinatrust Commercial Bank, Citic Ka Wah Bank, Citi, DBS, OCBC, Taipei Fubon Bank, Hang Seng Bank and Yuanta Bank participated in the facility, which is expected to sign later this ...

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