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Taiwan’s EVA Airways plans NT$8.5 billion five-year secured bonds
By Marisa Wong
Morgantown, W.Va., Nov. 11 – EVA Airways Corp. is planning a public offering of up to NT$8.5 billion of domestic secured corporate bonds, according to a Taiwan Stock Exchange announcement.
The bonds will have a maturity of five years and will be sold at par.
Proceeds will be used to repay borrowings and to improve the company’s financial structure.
The airline is based in Taoyuan City, Taiwan.
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