Taiwan Loans Get Wind Power Boost Amid Best Start Since 2012
- Syndicated loan volumes reached 7-year high in first quarter
- Top arranger sees offshore wind projects adding to volume
An offshore wind turbine stands in the Taiwan Strait off the coast of Miaoli County, Taiwan.
Photographer: Billy H.C. Kwok/BloombergThis article is for subscribers only.
After marking the best start in seven years, Taiwan’s booming loan market is about to get a further fillip.
Jumbo financings for offshore wind farm projects are expected to drive syndicated loan volumes this year, according to CTBC Bank. Taiwan’s bid last week to coax its business people to bring back home billions in overseas assets is set to stimulate the economy, helping to support loan demand.