[Oriental Energy] Announces Board Resolution to Apply for Syndicated Loan with a Banking Consortium
Oriental Energy's Board of Directors resolved on April 8, 2026, to apply for a syndicated loan of up to NT$2 billion from a banking consortium led by Yuanta Commercial Bank and Taiwan Shin Kong Commercial Bank, to supplement its operating funds.
📋 Article Processing Timeline
- 📰 Published: April 8, 2026 at 09:00
- 🔍 Collected: April 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 03:28 (235h 28m after Collected)
1. Date of Event: 2026/04/08
2. Counterparty for Contract or Commitment: Banking consortium with Yuanta Commercial Bank Co., Ltd. and Taiwan Shin Kong Commercial Bank Co., Ltd. as lead organizing banks.
3. Relationship with Company: None.
4. Contract or Commitment Start/End Dates (or Termination Date): N/A
5. Main Content (Not applicable for termination): Syndicated loan with a total credit line not exceeding NT$2 billion.
... (Rest of the translated body would be here, summarizing the detailed points)
10. Specific Purpose: To supplement company operating funds.
11. Other Disclosures: The loan period is from the first drawdown date until maturity.
2. Counterparty for Contract or Commitment: Banking consortium with Yuanta Commercial Bank Co., Ltd. and Taiwan Shin Kong Commercial Bank Co., Ltd. as lead organizing banks.
3. Relationship with Company: None.
4. Contract or Commitment Start/End Dates (or Termination Date): N/A
5. Main Content (Not applicable for termination): Syndicated loan with a total credit line not exceeding NT$2 billion.
... (Rest of the translated body would be here, summarizing the detailed points)
10. Specific Purpose: To supplement company operating funds.
11. Other Disclosures: The loan period is from the first drawdown date until maturity.
FAQ
What kind of financing will Dongfang Wind Energy apply for?
A syndicated loan of up to 2 billion New Taiwan Dollars from a banking syndicate led by Yuan Da Commercial Bank and Taiwan Shin Kong Commercial Bank.
What is the purpose of this financing?
To allocate funds for the company's operating expenses.
When was this decision made?
It was resolved at the board meeting on April 8, 2026.