Corporate and Project Financing - Lorca Finco plc

Haitong Bank is participating as a lender in the merger between Orange and MasMovil, two leading telecom operators that play a pivotal role in the Spanish market.

Haitong's involvement includes TLA and TLB tranches of the financing, supporting a structure that has been rated BB+ by S&P, highlighting its solid credit profile. With a total exposure of €30 million to the client, this deal further strengthens Haitong Bank’s presence in the telecom sector.