Shih Chiu Company Signs NT$1.34 Billion Syndicated Loan Agreement
Taiwan Business Bank served as the lead arranger for a five-year NT$1.34 billion syndicated loan to meet the funding requirements of construction contractor Shih Chiu Company, including repayment of existing financial institution borrowings, procurement for operations, strengthening of medium-term working capital, and issuance of guarantee facilities. The syndication was successfully completed, and the signing ceremony was held on April 2.
The participating banks in the syndicate included Taiwan Cooperative Bank, Agricultural Bank of Taiwan, First Commercial Bank, Bank of Kaohsiung, Chang Hwa Commercial Bank, and Mega International Commercial Bank. The syndicated loan agreement was signed by Mr. Huang Po-yi, Chairman of Taiwan Business Bank, on behalf of the banking consortium, and representatives of Shih Chiu Company.
