Taiwan’s Pacific Hospital Supply plans up to NT$700 million bonds

By Marisa Wong

Madison, Wis., Aug. 29 – Pacific Hospital Supply Co., Ltd. plans to issue up to NT$700 million of straight corporate bonds. The company’s board of directors approved the proposed issuance on Friday, according to a Taiwan Stock Exchange announcement.

The bonds may be issued in one or more tranches and will be priced at par with maturities of up to seven years and coupons of up to 2%.

Proceeds will be used for plant construction and to purchase machinery equipment.

The hospital supply company is based in Miaoli, Taiwan.

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