2015 Taiwan syndicated loan volume at highest since 2010
- Grand River Development has wrapped up a NT$10.1 billion term loan through sole bookrunner and mandated lead arranger CTBC Bank. Syndication saw Bank SinoPac, Cathay United Bank, KGI Bank, Mega International Commercial Bank, Ta Chong Bank, Taishin International Bank and Taiwan Shin Kong Commercial Bank came in as mandated lead arrangers. China Construction Bank and Taiwan Life Insurance joined in as participants. Proceeds were for acquisition of properties.
- Taiwan Real EstateProperty sector’s loan volume totaled $539 million in 2015, down 60% from the $1.3 billion borrowed in 2014. ...