Formosa boosts loan to $3.5bn on strong demand
Taiwanese conglomerate Formosa Plastics Group has increased the size of its latest borrowing to $3.5bn from $2.5bn.
The loan was originally split into a $1bn five year and a $1.5bn
seven year tranche. The company has opted to increase the size of the former to $1.4bn and the latter to $2.1bn