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Published on 9/7/2010 in the Prospect News Emerging Markets Daily.

New Issue: Taiwan's First Financial sells NT$3 billion 1.5% seven-year subordinated bonds at par

By Marisa Wong

Madison, Wis., Sept. 7 - First Financial Holding Co. Ltd. issued NT$3 billion of 1.5% subordinated unsecured financial bonds due Sept. 28, 2017 at par, according to a notice.

Yuanta Securities Co., Masterlink Securities Co. and KGI Securities Co. are the agents.

Funds will be used to stabilize the BIS ratio, to enhance long-term capital and to prepare for future business use.

The financial company is based in Taipei, Taiwan.

Issuer:First Financial Holding Co. Ltd.
Issue:Subordinated unsecured financial bonds
Amount:NT$3 billion
Maturity:Sept. 28, 2017
Coupon:1.5%
Price:Par
Yield:1.5%
Agents:Yuanta Securities Co., Masterlink Securities Co. and KGI Securities Co.
Pricing date:Sept. 7
Settlement date:Sept. 28

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