[lbo-talk] No Loan? No Problem!

Dennis Redmond dredmond at efn.org
Thu May 26 15:53:31 PDT 2005


Earlier this year, the US import-export bank turns down a loan request from SMIC, a huge China-based chip foundry. Enter a consortium of Chinese banks, who are lending 550 million EUR ($600 million US) to make up the difference. Full details at EE Times:

http://www.eetimes.com/news/semi/showArticle.jhtml;jsessionid=QSD4MJ3T2AGPYQSNDBCCKH0CJUMEKJVN?articleID=163701224

-- DRR



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