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Taiwan's E.Sun Bank to offer NT$5 billion five- to 10-year debentures
By Marisa Wong
Madison, Wis., March 16 - E.Sun Bank plans to issue NT$5 billion of financial debentures in 2012, according to an announcement by parent company E.Sun Financial Holding Co., Ltd.
The debentures will be priced at par and will have a maturity of five to 10 years.
The coupon has yet to be determined.
Proceeds will be used to strengthen the company's capital structure and enhance the BIS ratio.
The bank is based in Taipei, Taiwan.
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