Qisda Corp. obtained a NT$18 billion ($570 million) sustainability-linked loan facility led by Bank of Taiwan and First Commercial Bank, marking its third ESG-tied financing deal as the electronics manufacturer pushes toward higher-value businesses.
The syndicated loan, which was oversubscribed 1.42 times with commitments reaching NT$21.3 billion from 13 banks, will be used to refinance existing debt and boost working capital. The facility includes interest rate incentives tied to waste recycling rates, sustainability ratings, and supply chain audits.
Chairman Peter Chen outlined Qisda’s strategy to derive more than half of its profits from high-value businesses by 2027. The company, which already generates over 50% of revenue from such operations, is betting on sustainable practices across product development, operations, and supply chain management to support this transformation.
While the strong bank participation signals confidence in Qisda’s direction, the manufacturer still faces challenges in a competitive electronics industry where margins remain under pressure and sustainability investments require significant capital.
