Formosa syndicates $2.5bn dual trancher

taiwan_map_230px
By Shruti Chaturvedi
14 Jan 2016

Taiwanese conglomerate Formosa Plastics Group has launched a $2.5bn dual tranche loan into syndication.

The borrowing is split into a $1bn five year and a $1.5bn seven year and the portions are being syndicated by different banking groups. 

Bank of Taiwan, DBS, Hua Nan Commercial Bank, Mega International Commercial Bank and Taipei Fubon Bank are the mandated lead arrangers and bookrunners on ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial