By Marisa Wong
Madison, Wis., March 12 – Yuanta Bank priced RMB 250 million of 4.6% senior financial debentures on Thursday, according to an announcement by parent company Yuanta Financial Holding Co., Ltd.
The three-year debentures priced at par.
This is the bank’s first issue of senior financial debentures for 2015.
Proceeds from the non-underwritten offering will be used to enhance mid-to-long-term funds.
Settlement will occur on March 24.
The financial services company is based in Taipei, Taiwan.
| Issuer: | Yuanta Bank
|
| Issue: | Senior financial debentures
|
| Amount: | RMB 250 million
|
| Maturity: | March 24, 2018
|
| Coupon: | 4.6%
|
| Price: | Par
|
| Yield: | 4.6%
|
| Underwriter: | None
|
| Pricing date: | March 12
|
| Settlement date: | March 24
|
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