Taiwan’s Yuanta Bank plans up to NT$15 billion of debentures for 2015

By Marisa Wong

Madison, Wis., Nov. 20 – Yuanta Financial Holding Co., Ltd. announced that subsidiary Yuanta Bank plans to issue up to NT$5 billion of senior financial debentures and up to NT$10 billion of subordinated financial debentures in 2015.

Coupons and tenors have yet to be decided.

Proceeds from the senior debentures will be used to enhance stable mid-to-long-term funds, and funds raised from the subordinated bonds will be used to improve capital adequacy ratios and raise stable mid-to-long-term funds.

The financial services company is based in Taipei, Taiwan.

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