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2022/07/01
CHAILEASE INTERNATIONAL LEASING COMPANY LIMITED SIGNS THE FIRST SOCIAL SYNDICATED LOAN IN TAIWAN AND VIETNAM

Chailease International Leasing Co., Ltd. (“CILC”), the overseas subsidiary of the Taiwanese leasing giant Chailease Holding Company Limited (“CHC”), has successfully obtained a USD90 million three-year syndicated loan to support its business expansion. In which, 80% of the funds will be used for the financing to micro, small and medium-sized enterprises in Vietnam in the form of a Social Loan, and the others for general corporate and working capital purposes.

This syndicated loan was significantly oversubscribed by 1.41times on the back of strong participation of banks. A total of 7 banks with Taipei Fubon Commercial Bank and Mega International Commercial Bank acting as the Mandated Lead Arranger and Bookrunner, Hua Nan Commercial Bank and Land Bank of Taiwan as the Mandated Lead Arrangers, and Taiwan Cooperative Bank, The Export-Import Bank of the Republic of China and Bank of Panhsin as the Participants.