Large loans from China, Taiwan to start the year

The largest loan signed in Asia Pacific ex Japan in 2018 YTD

• Wuhan China Star Optoelectronics Technology has signed a $2.2 billion facility through joint bookrunners and mandated lead arrangers China Development Bank and Export-Import Bank of China. Syndication saw Agricultural Bank of China, Bank of China, China Construction Bank, Industrial Commercial Bank of China, and Industrial Bank join as participants. Proceeds are to support the development of Gen-6 flexible LTPS-AMOLED panels.
• This is the largest deal signed in Asia Pacific ex Japan so far this year, followed by Follow International’s $660 million facility signed in January 2018.
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