FEIB was mandated a two-year US$100 Million cross-border syndicated loan by the Capitol International Limited, a wholly-owned subsidiary of China Sanjiang Fine Chemicals Company Limited (HSE Listed, Stock Code:2198), which is the largest privately-owned manufacturer and supplier of Ethylene Oxide and AEO surfactants in China. The signing ceremony of the facility agreement was held on 16 August in Taipei.
\n\nFEIB has arranged a number of cross-border syndicated loans for its clients in the past three years. This syndicated loan was the first PRC-based transaction done by FEIB and has successfully invited 11 banks to participate. The initial fund-raising amount was planned at US$70 Million. It increased to US$100 Million due to over 1.7 times subscription. \n
\nMr. Eli Hong, the President of FEIB, indicates that, banks in Taiwan enjoy abundant resources and superior credentials accumulating from the past experiences. Thanks to the opening policy came across the strait, we have an excellent advantage to play the key role in support of capital liquidity that enables to upgrade the relevant industries in China. \n