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Published on 3/4/2014 in the Prospect News Emerging Markets Daily.

Taiwan's Far Eastern International plans NT$4 billion of debentures

By Marisa Wong

Madison, Wis., March 4 - Far Eastern International Bank's board of directors approved the issuance of NT$4 billion of subordinated bank debentures for 2014, according to a Taiwan Stock Exchange announcement.

The debentures will have maturities of two to 10 years.

Proceeds will be used to prepare for future long-term loans and for investments.

The bank is based in Taipei, Taiwan.


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