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DBS provides two-year SLL worth NT$1bn to Wistron


DBS provides two-year SLL worth NT$1bn to Wistron
By Kao Shih-ching / Staff reporter
DBS Bank Taiwan (星展銀行) has provided a two-year sustainability-linked loan (SLL) worth NT$1 billion (US$35.05 million) to Wistron Corp (緯創), with the loan’s interest rate set to fall next year at the soonest if Wistron’s sustainability performance improves, the lender said on Wednesday.
That marked DBS Taiwan’s second major sustainability-linked loan after a NT$2 billion loan to AU Optronics Corp (AUO, 友達光電) in 2019.
Similar to its loan arrangement with AUO, DBS Taiwan would lower the interest rate on Wistron’s loan if the debtor reaches several targets regarding environmental, social and governance (ESG) practice. ....

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