Taiwan’s Yuanta Financial plans up to NT$10 billion of bonds for 2015

By Marisa Wong

Madison, Wis., Nov. 25 – Yuanta Financial Holding Co., Ltd. announced that it plans to issue up to NT$10 billion of corporate bonds.

Tentatively, the bonds will be issued at par with a maturity of no more than seven years.

The bonds may be issued in one or more tranches depending on market conditions. The tranches will comprise the company’s first issue of corporate bonds for 2015.

Proceeds will be used to repay the company’s corporate bonds due in 2015 and to improve its financial structure.

The financial services company is based in Taipei, Taiwan.

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