| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Y > Headlines for Yuanta Financial Holding Co., Ltd. > News item |
Taiwan's Yuanta Financial plans up to NT$10 billion bonds in 2011
By Marisa Wong
Madison, Wis., April 26 - Yuanta Financial Holdings Co. announced that its board of directors has approved the issue of up to NT$10 billion of unsecured corporate bonds.
The bonds will have a maturity of no more than seven years.
The coupon may be fixed or floating, depending on market conditions.
The company plans to issue the bonds in one or several tranches in 2011.
Proceeds will be used to repay corporate bonds and to fund future mergers and acquisitions.
Formerly Asia Pacific Commercial Bank, Yuanta Commercial Bank is based in Taipei, Taiwan.
© 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.