By Marisa Wong
Madison, Wis., July 8 – Fubon Financial Holding Co. priced NT$15 billion of seven-year bonds at par to yield 1.72%, according to a notice on Tuesday.
This is the company’s first issue of corporate bonds in 2014. The company announced in April that it planned to issue up to NT$15 billion of bonds in one or more tranches this year.
Proceeds from the non-underwritten offering will be used to strengthen the company’s working capital.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Fubon Financial Holding Co.
|
| Issue: | Bonds
|
| Amount: | NT$15 billion
|
| Maturity: | Seven years
|
| Coupon: | 1.72%
|
| Price: | Par
|
| Yield: | 1.72%
|
| Underwriter: | None
|
| Announcement date: | July 8
|
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