Technology is the third largest sector for China loan volume in 2016 YTD
- BOE Technology Group has signed a $958 million facility with sole mandated lead arranger China Development Bank. Syndication saw Export-Import Bank of China join as participant. Proceeds are to support the development of the new semiconductor display production line Fuzhou BOE 8.5 generation and for capital expenditure purposes.
- Technology is the third largest sector for China loan volume in 2016 YTD. Volume stands at $20.7 billion so far this year, almost five times over $4.5 billion borrowed in 2015 YTD.