Reported 8 months ago
Leading state-owned banks, including Hua Nan Bank, Taiwan Bank, First Bank, and Cooperative Bank, have coordinated a NT$38.5 billion syndicated loan for Yageo (2327), signed on June 21st. The loan aims to repay Yageo's bank borrowings and enhance mid-term operational working capital. With a focus on ESG sustainability indicators, this loan encourages corporate social responsibility through green finance measures to lead companies towards creating sustainable value. Yageo, a global supplier of passive electronic components, continues its expansion to meet the increasing demand for passive components in various fields such as AI, 5G/IoT, electric vehicles, and more.
Source: YAHOO