Taiwan’s Yuanta Financial plans up to NT$20 billion of bonds for 2016

By Marisa Wong

Morgantown, W.Va., Oct. 28 – Yuanta Financial Holding Co., Ltd. announced that it plans to issue up to NT$20 billion of corporate bonds.

Tentatively, the bonds will be issued at par with a maturity of no more than 10 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 2016.

Proceeds will be used for mergers and acquisitions.

The financial services company is based in Taipei, Taiwan.

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