omniture

Financial One Corp.'s Subsidiary in China -- Chailease International Finance Co., Signed a RMB 210 million Three-Year Term Syndicated Loan Agreement

Financial One Corp.
2008-04-30 23:03 895

TAIPEI, May 2 /Xinhua-PRNewswire/ -- Financial One Corp. today announced that its subsidiary in China, Chailease International Finance Co., has signed an unsecured RMB 210 million three-year term syndicated loan facility agreement with three banks. The lead arranger and also the facility agent is Mizuho Corporate Bank (China), Ltd. Agricultural Bank of China, Shanghai Branch, and First Sino Bank, together with Mizuho Corporate Bank (China), Ltd. participated in the syndication.

Financial One Corp.'s Subsidiary in China, Chailease International Finance was established in Shanghai in 4Q 2005 and has now expanded the locations to Shenzhen, Suzhou, Guangzhou, Ningbo, Xiamen and Tianjin in order to provide more well-equipped services to Taiwan-based clients in China.

With a sound credit history of the Company, both domestic and foreign financial institutions continue to support and have strong confidence in Chailease International Finance while our business in PRC grows fast. In the future, the Company will seek for more diversified funding resources and aim to lower the cost.

Media Contact:

PR Division of Financial One Corp.

Lawrence, Chien-Lin, Liu

Tel: +886-2-87526388 Ext.2027

Mobile: +886-927352042

Email: LawrenceLiu@chailease.com.tw

Sabrina, Yi-Tien

Tel: +886-2-87526388 Ext.2023

Mobile: +886-935957668

Email: yitien@chailease.com.tw

Eva, Ching-Yi Lin

Tel: +886-2-87526388 Ext.2022

Mobile: +886-912558124

Email: Evalin@chailease.com.tw

Source: Financial One Corp.
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