Formosa boosts loan to $3.5bn on strong demand

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By GlobalCapital
29 Mar 2016

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

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