On February 16, Taiwanese-listed PCB manufacturer Dynamic (3715.TW) announced that its subsidiary, Dynamic Technology Manufacturing (Thailand) Co., Ltd., has signed a joint credit facility agreement with a consortium of banks, led by Yongfeng Commercial Bank. The total credit line amounts to USD 90 million (CNY 653 million) aimed at boosting the company's mid-term operational working capital.
Dynamic Technology Manufacturing (Thailand), located in the 304 Industrial Area in Prachin Buri, is the Thai production base of Dynamic. The facility primarily manufactures multilayer boards and HDI (High-Density Interconnector) boards. Dynamic also operates factories in Kunshan and Huangshi, China.
This credit facility, set to be available for the next five years starting from the first usage date, will play a crucial role in enhancing the company's operational flexibility and supporting its growth initiatives.
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