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Taiwan’s Mega Financial increases subordinated debt offer to NT$12.5 billion
Chicago, July 15 – Mega Financial Holding Co. said that its board of directors approved an adjusted plan of issuing subordinated financial debentures, namely increasing the amount.
The company may now issue up to NT$12.5 billion of debentures, raised from NT$5 billion.
The debentures may be issued at once or in multiple tranches within one year based on market conditions, according to a notice.
The financial services company is based in Taipei, Taiwan.
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