Taiwan’s Chailease plans up to NT$3.5 billion of corporate bonds

By Marisa Wong

Madison, Wis., Sept. 9 – Chailease Holding Co. Ltd. said subsidiary Chailease Finance Co., Ltd. plans to issue up to NT$3.5 billion of corporate bonds.

The bonds will be offered at par with a fixed coupon and will have a maturity of up to 10 years.

This will be the company’s second issue of corporate bonds for 2014.

Proceeds will be used to repay bank loans and enrich working capital.

The financial company is based in Taipei, Taiwan.

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