By Marisa Wong
Madison, Wis., Dec. 3 - Fubon Financial Holding Co. announced it issued NT$2.65 billion of bonds in two tranches.
Fubon priced NT$100 million of five-year bonds and NT$2.55 billion of seven-year bonds at par.
The five-year bonds have a coupon of 1.42%, and the seven-year bonds have a coupon of 1.6%.
This is the company's second issue of bonds for 2013. As previously reported, the issuer sold NT$6.35 billion of five- and seven-year bonds to yield 1.45% and 1.58% in August.
Proceeds from the non-underwritten offering will be used to increase working capital.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Fubon Financial Holding Co.
|
| Issue: | Bonds
|
| Amount: | NT$2.65 billion
|
| Underwriter: | None
|
| Announcement date: | Dec. 3
|
|
|
| Five-year bonds
|
| Amount: | NT$100 million
|
| Maturity: | Five years
|
| Coupon: | 1.42%
|
| Price: | Par
|
| Yield: | 1.42%
|
|
|
| Seven-year bonds
|
| Amount: | NT$2.55 billion
|
| Maturity: | Seven years
|
| Coupon: | 1.6%
|
| Price: | Par
|
| Yield: | 1.6%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
