Taiwan’s E.Sun plans to price up to NT$3 billion bonds

By Rebecca Melvin

New York, Nov. 13 – E.Sun Financial Holding Co. Ltd. plans to price up to NT$3 billion of unsecured corporate bonds, according to a company notice on Friday.

The bonds will be issued in one or more tranches.

The bookrunners and timing will be based on market conditions, according to the company board’s resolution.

Proceeds will be used to increase working capital and repay outstanding debt.

The financial services company is based in Taipei, Taiwan.

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