By Susanna Moon
Chicago, May 8 – E.Sun Financial Holding Co., Ltd. said subsidiary E.Sun Bank priced $60 million of zero-coupon 30-year notes with a 4.1% internal rate of return.
Proceeds will be used to support the bank’s green policy in lending, according to a company notice.
The company said on April 28 that the bank plans to issue up to NT$10 billion of senior green bonds in 2017 at par in multiple tranches with maturities of up to 10 years.
The bank is based in Taipei, Taiwan.
| Issuer: | E.Sun Bank
|
| Issue: | Senior notes
|
| Amount: | $60 million
|
| Maturity: | May 19, 2047
|
| Underwriter: | None
|
| Coupon: | 0%
|
| Price: | Par
|
| Yield: | 4.1% internal rate of return
|
| Call option: | After five years
|
| Pricing date: | May 8
|
| Settlement date: | May 19
|
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