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Published on 1/11/2017 in the Prospect News Emerging Markets Daily.

New Issue: Taiwan’s E.Sun prices NT$1.1 billion 1.1% five-year bonds at par

By Marisa Wong

Morgantown, W.Va., Jan. 11 – E.Sun Financial Holding Co., Ltd. priced NT$1.1 billion of five-year bonds, according to a Taiwan Stock Exchange announcement.

The bonds were priced at par to yield 1.1%.

Yuanta Securities Co., Ltd. and Masterlink Securities Co., Ltd. are the underwriters.

Proceeds from the public offering will be used to repay debt.

This counts as the Taipei, Taiwan-based bank holding company’s second issue of corporate bonds for 2016.

Issuer:E.Sun Financial Holding Co., Ltd.
Issue:Corporate bonds, 2016 second issue
Amount:NT$1.1 billion
Maturity:Jan. 20, 2022
Underwriters:Yuanta Securities Co., Ltd., Masterlink Securities Co., Ltd.
Coupon:1.1%
Price:Par
Yield:1.1%
Call option:No
Put option:No
Announcement date:Jan. 10
Settlement date:Jan. 20

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