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Leading Bank and Bookkeeping Act First Bank, Mega International Commercial Bank and Taiwan Cooperation Vault Bank. Zhaofeng International Commercial Bank acts as the agent bank.
Seven banks participated in the general syndicate stage, two of which served as coordinating sponsors, four of which were managerial firms, and the remaining ones were participating banks.
The financing is secured by the borrower's machinery and plant, including a portion of the A$2 billion regular loan and Part B of the NT$550 million revolving credit.
Part A interest rate is 150 basis points for the Taipei Financial Industry Disbursement Fixed Rate (TAIBOR), and Part B interest rate is 155 basis points.
Part A is repaid in five equals every six months after the one-year grace period: 10% (1-4 periods) and 60% (5 periods).
New Century Optoelectronics Completes 500 Million Yuan Refinancing Case
According to a report by Thomson Reuters, sources said that Taiwan-listed light-emitting diode (LED) wafer and die maker New Century Optoelectronics Co., Ltd. has completed a net of 2.55 billion Taiwan dollars (about 512 million yuan). The three-year double-funded financing case.