【SinoPac Financial Holdings】SinoPac Financial Holdings Announces Transfer of Syndicated Loan Assets by Subsidiary SinoPac Commercial Bank
SinoPac Commercial Bank, a subsidiary of SinoPac Financial Holdings, announced the transfer of syndicated loan assets totaling US$19,000,000. This transaction aims to reduce the bank's credit exposure and may involve Goldman Sachs or other potential counterparties.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:48 (48 min after Collected)
1. Name and nature of the underlying asset (for preferred shares, the agreed issuance conditions such as dividend rate should also be specified):
Transfer of syndicated loan assets.
2. Date of occurrence of the event: 2026/5/8~2026/5/8
3. Date of approval by the board of directors: May 8, 2026 (Republic of China Calendar 115)
4. Other approval dates: Not applicable
5. Transaction unit quantity, unit price, and total transaction amount:
US$19,000,000.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
(1) Counterparty: Goldman Sachs or other potential counterparties.
(2) Relationship with the company: Non-related party.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transfer, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable.
8. If the owner of the transaction object has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction should also be announced:
Not applicable.
9. Matters related to the disposal of claims (including the types of collaterals accompanying the disposed claims, if the disposed claims belong to claims against related parties, the name of the related party and the book value of the disposed claims of that related party should also be announced):
Not applicable.
10. Disposal profit (or loss) (not applicable to the acquisition of marketable securities) (if deferred, a table explaining the recognition situation should be provided):
Disposal profit (or loss) recognized based on the actual disposal price.
11. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreed matters:
Handled in accordance with relevant provisions of the syndicated loan agreement.
12. Method of determining this transaction, basis for price determination, and decision-making unit:
Handled in accordance with the bank's hierarchical responsibility management regulations, and related conditions are based on the syndicated loan agreement and market practices for general syndicated loans.
13. Net value per share of the target company for the acquisition or disposal of marketable securities:
Not applicable
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge situation) of this transaction security (including this transaction):
Not applicable.
15. As of now, the proportion of investment in marketable securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the latest financial report, and the amount of working capital in the latest financial report:
Not applicable.
16. Broker and brokerage fees:
Not applicable.
17. Specific purpose or use of acquisition or disposal:
To reduce credit exposure.
18. Opinions of dissenting directors on this transaction:
Not applicable.
19. Is this transaction a related party transaction: No
20. Date of approval by supervisors or audit committee:
Not applicable.
21. Accountant issued an unqualified opinion on this transaction: Not applicable
22. Name of accounting firm:
Not applicable.
23. Name of accountant:
Not applicable.
24. Accountant's practicing certificate number:
Not applicable.
25. Does it involve a change in operating model: No
26. Explanation of operating model change:
Not applicable.
27. Transaction status with the counterparty in the past year and estimated next year:
Not applicable.
28. Source of funds:
Not applicable.
29. Date of previous major announcement on the same event: Not applicable
30. Other matters to be specified:
The total transaction amount is converted based on the USD/NTD exchange rate of 31.67 on 2026/5/5.
Transfer of syndicated loan assets.
2. Date of occurrence of the event: 2026/5/8~2026/5/8
3. Date of approval by the board of directors: May 8, 2026 (Republic of China Calendar 115)
4. Other approval dates: Not applicable
5. Transaction unit quantity, unit price, and total transaction amount:
US$19,000,000.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
(1) Counterparty: Goldman Sachs or other potential counterparties.
(2) Relationship with the company: Non-related party.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transfer, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable.
8. If the owner of the transaction object has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction should also be announced:
Not applicable.
9. Matters related to the disposal of claims (including the types of collaterals accompanying the disposed claims, if the disposed claims belong to claims against related parties, the name of the related party and the book value of the disposed claims of that related party should also be announced):
Not applicable.
10. Disposal profit (or loss) (not applicable to the acquisition of marketable securities) (if deferred, a table explaining the recognition situation should be provided):
Disposal profit (or loss) recognized based on the actual disposal price.
11. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreed matters:
Handled in accordance with relevant provisions of the syndicated loan agreement.
12. Method of determining this transaction, basis for price determination, and decision-making unit:
Handled in accordance with the bank's hierarchical responsibility management regulations, and related conditions are based on the syndicated loan agreement and market practices for general syndicated loans.
13. Net value per share of the target company for the acquisition or disposal of marketable securities:
Not applicable
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge situation) of this transaction security (including this transaction):
Not applicable.
15. As of now, the proportion of investment in marketable securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the latest financial report, and the amount of working capital in the latest financial report:
Not applicable.
16. Broker and brokerage fees:
Not applicable.
17. Specific purpose or use of acquisition or disposal:
To reduce credit exposure.
18. Opinions of dissenting directors on this transaction:
Not applicable.
19. Is this transaction a related party transaction: No
20. Date of approval by supervisors or audit committee:
Not applicable.
21. Accountant issued an unqualified opinion on this transaction: Not applicable
22. Name of accounting firm:
Not applicable.
23. Name of accountant:
Not applicable.
24. Accountant's practicing certificate number:
Not applicable.
25. Does it involve a change in operating model: No
26. Explanation of operating model change:
Not applicable.
27. Transaction status with the counterparty in the past year and estimated next year:
Not applicable.
28. Source of funds:
Not applicable.
29. Date of previous major announcement on the same event: Not applicable
30. Other matters to be specified:
The total transaction amount is converted based on the USD/NTD exchange rate of 31.67 on 2026/5/5.