TCC Secures €500 Million Green Loan with €5M+ Annual Interest Savings

Amid ongoing global market volatility, TCC Group Holdings has successfully executed a five-year €500 million "Green Loan" through its Dutch subsidiary TCC (Dutch) Holdings B.V. in the international sustainable finance market. This strategic financing not only enhances TCC's financial profile—projected to reduce annual interest expenses by over €5 million—but also demonstrates strong endorsement from global financial institutions for TCC's premium credit standing and well-defined decarbonization pathway.

Strong Market Confidence in TCC: Low Spreads and Oversubscription

Crédit Agricole CIB, as the Green Structuring Bank, the syndicated loan was jointly underwritten by five global banking institutions: BNP Paribas, MUFG Bank, DBS Bank (Taiwan), and Taipei Fubon Bank. The euro-denominated green loan carries a modest spread of 100 basis points (bps), approximately 50% lower than the average spreads on euro green bonds recently issued by international investment-grade peers. Furthermore, the transaction garnered subscription commitments exceeding €500 million, reflecting overwhelming market confidence in TCC's sustainability roadmap. This successful capital raise has significantly improved TCC's current ratio, further fortifying its financial stability.

Upholding Green Commitment, Moving Towards Net-Zero Emissions

Chairman Nelson Chang emphasized: "In the global accelerating energy transition, we identify transformative opportunities in energy storage systems, EV charging infrastructure, and smart grid technologies. This green financing accelerates our strategic positioning in sustainable infrastructure, simultaneously optimizing our capital structure and creating enduring value for both stakeholders and the planet."

The loan strictly complies with its newly established Green Financing Framework, validated by a Second Party Opinion (SPO) from ISS Corporate Solutions to ensure alignment with ICMA Green Bond Principles and LMA Green Loan Principles. Proceeds will be fully allocated to refinancing and financing critical ESG initiatives, including carbon reduction, green energy development, renewable energy capacity expansion, and circular economy enhancement—all integral to TCC's strategic progression toward 2050 net-zero targets.

TCC has installed EnergyArk in Caen, Normandy, France

Following its $350 million unsecured green convertible bond issuance in March, this green loan milestone reinforces TCC's established credibility in global sustainable capital markets. The company maintains BBB- investment-grade ratings with stable outlooks from both S&P Global Ratings and Fitch Ratings.

Despite recent financial market turbulence driven by geopolitical trade tensions and climate policy fragmentation, TCC's successful financing underscores green finance's growing resilience. This achievement not only validates the strategic importance of sustainable financing mechanisms but also propels TCC's global low-carbon expansion and renewable energy portfolio development.

The Group remains committed to advancing its sustainability mandate while contributing to worldwide clean energy transitions.