AT&S receives financing of 250 million dollars

AT&S will receive financing from the International Financial Corporation (IFC), a member of the World Bank Group. The USD 250 million loan will be used to further expand the AT&S plant in Kulim, Malaysia. Further up to USD 150 million could be provided by local banks under the same agreement. The sustainability-linked loan includes financial incentives that are linked to AT&S' annual greenhouse gas emissions falling by 31 percent by the end of f…