Bloomberg News

Sino-American Said to Sign Loan for Covalent Purchase This Month

December 14, 2011

Dec. 14 (Bloomberg) -- Sino-American Silicon Products Inc. plans to sign a NT$11 billion-equivalent acquisition loan by the end of the year to fund the purchase of Covalent Materials Corp’s water unit, said a person familiar with the matter who declined to be identified because the details are private.

To contact the reporter on this story: Wendy Mock in Hong Kong at wmock3@bloomberg.net

To contact the editor responsible for this story: Beth Thomas at bthomas1@bloomberg.net


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