Taiwan’s E.Sun Bank eyes up to NT$10 billion debentures for 2019

By Marisa Wong

Morgantown, W.Va., April 24 – E.Sun Financial Holding Co., Ltd. said subsidiary E.Sun Bank plans to issue up to NT$10 billion of senior financial debentures in 2019.

The debentures, which may be issued in multiple tranches, will be priced at par with maturities of no more than 30 years, according to a Taiwan Stock Exchange notice.

The debentures will have a call option.

Proceeds will be used to support lending and investment plans with positive social benefits, support the bank’s green policy in lending and enhance working capital.

The bank is based in Taipei, Taiwan.

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