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Published on 9/13/2016 in the Prospect News Emerging Markets Daily.

New Issue: Taiwan’s E.Sun prices NT$900 million five-year bonds at par to yield ¾%

By Marisa Wong

Morgantown, W.Va., Sept. 13 – E.Sun Financial Holding Co., Ltd. priced NT$900 million of five-year bonds, according to a Taiwan Stock Exchange announcement.

The bonds were priced at par to yield ¾%.

Yuanta Securities Co., Ltd. is the underwriter.

Proceeds will be used to repay debt.

This is the Taipei, Taiwan-based bank holding company’s first issue of corporate bonds for 2016.

Issuer:E.Sun Financial Holding Co., Ltd.
Issue:Corporate bonds, 2016 first issue
Amount:NT$900 million
Maturity:Sept. 22, 2021
Coupon:¾%
Price:Par
Yield:¾%
Underwriter:Yuanta Securities Co., Ltd.
Announcement date:Sept. 13
Settlement date:Sept. 22

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