US-based artificial intelligence (AI) server supplier Super Micro Computer Inc has secured its first syndicated loan in Taiwan, which was worth US$1.765 billion, CTBC Commercial Bank Co (中國信託銀行) said yesterday.
CTBC Bank served as the administrative agent of the loan syndication.
A total of 21 financial institutions participated in the loan syndication, with almost 1.8 times oversubscription, indicating that the lenders highly value Super Micro’s operations, profitability and business outlook, CTBC Bank said.
Photo: CNA
Other financial institutions that participated in the loan syndication included E.Sun Commercial Bank Ltd (玉山銀行), Taishin International Bank Co (台新銀行), Chang Hwa Commercial Bank Ltd (彰化銀行), Hua Nan Commercial Bank Ltd (華南銀行), Land Bank of Taiwan Co (土地銀行), Taiwan Cooperative Bank Ltd (合作金庫), First Commercial Bank Ltd (第一銀行) and Mega International Commercial Bank Co (兆豐銀行).
The Taipei branches of Credit Agricole CIB, Banco Bilbao Vizcaya Argentaria SA, BNP Paribas SA and Bank of East Asia Ltd, as well as HSBC Bank Taiwan Ltd (匯豐台灣商銀), also took part in the syndication, CTBC Bank said.
Super Micro is a leading global supplier of high-performance computing, AI and edge computing solutions, and its products are widely used in data centers, and AI training and inference.
With global demand for AI applications and data centers on the rise, Super Micro has further cemented its lead in the market, CTBC Bank said.
As a result, the company’s selection of Taiwan as a fundraising location demonstrates its faith in the local financial market, and the loan syndication represents a milestone in cooperation between the industrial and financial sectors, CTBC Bank added.
The administrative agent praised Super Micro chairman Charles Liang (梁見後), who was born in Chiayi County in 1958, for leading the company to its current position as a global tech heavyweight, and described him as the “pride of Taiwan.”
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