The second largest syndicated loan completed in Taiwan in 2015 YTD
China Network Systems has secured a NT$46.7 billion seven-year term loan through joint bookrunners and mandated lead arrangers CTBC Bank, Cathay United Bank, Citibank, Credit Agricole CIB, DBS, King’s Town Bank and Mega International Commercial Bank.
Syndication saw Chang Hwa Commercial Bank, E Sun Commercial Bank, Hua Nan Commercial Bank, Land Bank of Taiwan, Shanghai Commercial Savings Bank, Taishin International Bank and Taiwan Cooperative Bank join as mandated lead arrangers. Proceeds are for general corporate purposes.
It is the second largest syndicated loan completed in Taiwan in 2015 year-to-date, behind...