By Marisa Wong
Madison, Wis., March 27- Evergreen Marine Corp. said it priced NT$3 billion of domestic secured corporate bonds at par.
The bonds have a maturity of five years and a coupon of 1.28%.
This is the company's 12th issue of domestic secured corporate bonds. The bonds are guaranteed by Bank SinoPac and Far Eastern International Bank.
Proceeds will be used to refund the company's maturing bonds and existing debt.
Evergreen Marine is a container freight shipping company based in Luzhu, Taiwan.
| Issuer: | Evergreen Marine Corp.
|
| Issue: | Domestic secured corporate bonds
|
| Guarantors: | Bank SinoPac and Far Eastern International Bank
|
| Amount: | NT$3 billion
|
| Maturity: | Five years
|
| Coupon: | 1.28%
|
| Price: | Par
|
| Yield: | 1.28%
|
| Announcement dates: | March 16, March 27
|
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