A NT$10.0 billion four-year term loan for Lichiang Development, a subsidiary of Radium Life Technology, was completed on August 10 via joint bookrunners Mega International Commercial Bank and Taiwan Cooperative Bank. The bullet loan is split into a NT$9.8 billion tranche and a NT$170 million portion, which are priced at 110bp over the one-year post office savings rate. The bookrunners took NT$1.8 billion each, while Bank Sinopac, Land Bank of Taiwan and Taiwan Business Bank lent NT$1.6 billion, NT$1.0 billion and NT$1.0 billion respectively. Agricultural Bank of Taiwan, Chang Hwa Commercial Bank and Yuanta Commercial Bank took NT$650 million apiece while Taichung Commercial Bank and Bank of Kaohsiung pledged NT$600 million and NT$340 million respectively. Proceeds are for general corporate purposes.