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CMC Magnetics secures syndicated loans of NT$2.45 billion

Jimmy Hsu, Taipei; Adam Hwang, DIGITIMES Asia 0

CMC Magnetics, the largest Taiwan-based maker of blank optical discs, on March 28 signed with eight Taiwan banks for syndicated loans of three to five years in term with a total amount of NT$2.45 billion (US$81.1 million), according to the company.

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