April 12, 2021

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The Government announced today (April 13) the appointment of Professor Roland Chin Tai-hong, Mr Jimmy Lai Chi-ming and Professor Lu Jian as non-official members and the re-appointment of 17 non-official members to the Committee on Innovation, Technology and Re-industrialisation for a term of two years with effect from today until April 12, 2021.
The initiative is taking place starting April 13, 2019 until April 12, 2021, and will be divided into several stages that will be later announced.
On April 12, 2016, SLP II closed its $275.0 million revolving credit facility with Wells Fargo Bank, National Association which matures on April 12, 2021 and bears interest at a rate of the London Interbank Offered Rate ("LIBOR") plus 1.75% per annum.
On April 12, 2016, SLP II closed its USD275.0 million revolving credit facility with Wells Fargo Bank, National Association which matures on April 12, 2021 and bears interest at a rate of the London Interbank Offered Rate plus 1.75 percent per annum.
Brogan will serve the remainder of a six-year term expiring April 12, 2019 and Posthumus will serve the remainder of a six-year term expiring April 12, 2021. Their appointments are subject to the advice and consent of the Senate.
The LOC has a stated expiration date of April 12, 2021, unless extended or earlier terminated, and provides full and sufficient coverage of principal plus an amount equal to 198 days of interest at a maximum rate of 12% based on a year of 365 days and purchase price for tendered bonds, while in the weekly rate mode.