Hefei BOE Optoelectric Technology has secured a $1.1 billion-equivalent dual-tranche financing via China Construction Bank, China Development Bank, China Minsheng Bank and Huishang Bank.
The nine-year facility comprises a Rmb2.8 billion tranche and a $689 million portion.
The loan is secured by land, building and machinery. Proceeds are to support a TFT-LCD production line in Hefei.
TCL Multimedia Technology Holdings' $120 million four-year term loan was signed on July 20 via Bank of China and...