Taiwan’s Yuanta Financial eyes NT$20 billion corporate bonds for 2019

By Marisa Wong

Morgantown, W.Va., March 25 – Yuanta Financial Holding Co., Ltd. plans to issue up to NT$20 billion of corporate bonds in 2019, according to a Taiwan Stock Exchange notice.

The bonds will have a maturity of no more than 10 years and a coupon of no more than 2%.

The bonds will be sold at par.

Proceeds will be used to enhance working capital, to obtain medium- or long-term funds for business expansion or mergers or to repay loans.

The financial services company is based in Taipei, Taiwan.

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