By Mary-Katherine Stinson
Lexington, Ky., Oct. 28 – Radium Life Tech Co., Ltd. priced NT$500 million of 2.2% five-year bonds at par, according to an announcement.
Taiwan Cooperative Securities is the underwriter.
This is the company’s second issue of secured ordinary corporate bonds in 2022.
Proceeds will be used to repay corporate bonds issued in 2017.
Radium Life Tech is a residential and commercial property developer based in Taipei City, Taiwan.
| Issuer: | Radium Life Tech Co., Ltd.
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| Guarantor: | Taiwan Business Bank
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| Amount: | NT$500 million
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| Issue: | Secured ordinary corporate bonds
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| Tenor: | Five years
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| Underwriter: | Taiwan Cooperative Securities
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| Trustee: | Land Bank of Taiwan Co., Ltd.
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| Coupon: | 2.2%
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| Price: | Par
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| Yield: | 2.2%
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| Announcement date: | Oct. 28
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