Yulon Finance: YFC Signs Syndicated Loan Agreement with Group of Banks Led by Bank of Taiwan

Provided by: Yulon Finance Corporation

SEQ_NO

1

announcement date

2022/04/19

Announcement time

15:51:44

Matter

 YFC signed a Syndicated Loan Agreement with
a group of banks led by Bank of Taiwan

Date of events

2022/04/19

What item it responds to

paragraph 10

Statement

1.Date of occurrence of the event:2022/04/19
2.Counterparty to the contract or commitment:A group of banks led by
Bank of Taiwan served as mandated lead arranger
3.Relationship with the Company:None
4.Starting and ending dates (or rescission date) of the
contract or commitment:3 years from the first drawdown date
5.Major content (not applicable where rescinded):YFC signed
a 3-Year NTD 8.4 Billion Syndicated Loan Agreement with a group of
banks as mentioned in item 2
6.Restrictive covenants (not applicable where rescinded):Based on the terms
and conditions set out in the Syndicated Loan Agreement
7.Commitment (not applicable where rescinded):Based on the terms
and conditions set out in the Syndicated Loan Agreement
8.Any other important agreement (not applicable where rescinded):Based on
the terms and conditions set out in the Syndicated Loan Agreement
9.Effect on company finances and business:
To diversify the funding resources for the need of satisfying
the future business expansion
10.Concrete purpose/objective:YFC acquires the midterm funding for
improving its financial structure
11.Any other matters that need to be specified:None