Taipei, Thursday, April 17, 2014 06:43 (GMT+8)
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Teco secures NT$5 billion syndicated loan
Photo: Company [Aug 8, 2006]

Teco Electronic & Machinery recently signed a five-year syndicated loan contract for NT$5 billion (US$152 million) with ten Taiwan-based banks, according to the company.

The loan is expected to pay off previous debts and finance the company's operation, Teco stated.

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