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Published on 3/9/2020 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Taiwan’s First Bank prices NT$1 billion 0.55% three-year bonds at par

By Marisa Wong

Los Angeles, March 9 – First Financial Holding Co. Ltd. announced that subsidiary First Commercial Bank (First Bank) priced NT$1 billion of 0.55% three-year senior bonds at par.

Yuanta Securities Co. is the underwriter.

Proceeds will be used to fund green project lending.

The financial company is based in Taipei, Taiwan.

Issuer:First Commercial Bank (First Bank)
Issue:Senior financial bonds, 2020 first issue
Amount:NT$1 billion
Maturity:March 27, 2023
Underwriter:Yuanta Securities Co.
Coupon:0.55%
Price:Par
Yield:0.55%
Announcement date:March 9
Settlement date:March 27

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