Friday, May 02, 2008

Business: Financial One Corp.`s China unit sigs a RMB 210 million syndicated loan deal

Financial One Corp.'s subsidiary in China -- Chailease International Finance Co., signed a RMB 210 million three-year term syndicated loan agreement

Taipei, Taiwan (ANTARA News/PRNewswire-AsiaNet) - 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.

COPYRIGHT © 2008

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