TCL Technology pioneers the first sustainability-linked offshore syndicated loan in China's display panel industry
Jul 01, 2025
Shenzhen [China], July 1: Recently, TCL Technology Group Co., Ltd. ("TCL Technology", the "Group") announced the Group's first sustainability-linked syndicated loan, with a total amount of US$200 million. This is considered to be the first sustainability-linked offshore syndicated loan in China's display panel industry. Bank of China (Hong Kong) Limited, The Hongkong and Shanghai Banking Corporation Limited ("HSBC") and Standard Chartered Bank (Hong Kong) Limited served as Joint Mandated Lead Arrangers and Bookrunners and Sustainability Coordinators, and DNV Business Assurance Limited ("DNV") served as an independent external reviewer and provided a satisfactory second-party opinion on this sustainability-linked loan structure.
