Taiwan’s Yuanta Bank plans NT$10 billion subordinated bonds in 2015

By Marisa Wong

Madison, Wis., April 30 – Yuanta Financial Holding Co., Ltd. announced that subsidiary Yuanta Bank plans to issue subordinated financial debentures in 2015.

The maximum amount of the issue is NT$10 billion or the equivalent in other currencies.

Proceeds will be used to improve the bank’s capital adequacy ratios and to raise stable mid- to long-term funds.

The financial services company is based in Taipei, Taiwan.

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