By Marisa Wong
Madison, Wis., Nov. 18 - Fubon Financial Holding Co. announced the issue of NT$4 billion of 1.65% subordinated financial debentures due Dec. 1, 2018. The debentures were priced at par.
This is the company's third issue of debentures in 2011.
Proceeds from the non-underwritten offering will be used to meet mid- or long-term funding needs and to raise the BIS ratio.
The debentures will settle on Dec. 1.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Fubon Financial Holding Co.
|
| Issue: | Subordinated financial debentures
|
| Amount: | NT$4 billion
|
| Maturity: | Dec. 1, 2018
|
| Coupon: | 1.65%
|
| Price: | Par
|
| Yield: | 1.65%
|
| Underwriter: | None
|
| Settlement date: | Dec. 1
|
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