By Susanna Moon
Chicago, Aug. 2 - Fubon Financial Holdings Co. Ltd. announced the issue of NT$6.4 billion of financial debentures by Taipei Fubon Bank.
This is the bank's sixth issue of financial debentures in 2010.
The bank issued NT$4.5 billion of seven-year series A corporate bonds and NT$1.9 billion of 10-year series B corporate bonds at par.
The coupon is 1.95% for the series A bonds and 2.05% for the series B bonds.
Proceeds will be used to meet mid- or long-term funds needs or raise the BIS ratio.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Taipei Fubon Bank
|
| Issue: | Corporate debentures
|
| Amount: | NT$6.4 billion
|
|
|
| Issue A
|
| Amount: | NT$4.5 billion
|
| Maturity: | Seven years
|
| Coupon: | 1.95%
|
| Price: | Par
|
|
|
| Issue B
|
| Amount: | NT$1.9 billion
|
| Maturity: | 10 years
|
| Coupon: | 2.05%
|
| Price: | Par
|
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