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Published on 11/11/2016 in the Prospect News Emerging Markets Daily.

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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