7By Marisa Wong
Los Angeles, March 6 – Fubon Financial Holding Co. announced that subsidiary Taipei Fubon Bank priced NT$5 billion of 10-year senior financial debentures at par with a ¾% coupon.
This is the company’s first issue of senior financial debentures for 2020.
Proceeds from the non-underwritten offering will be used to support business development, enhance funding liquidity and diversify funding resources.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Taipei Fubon Bank
|
| Issue: | Senior financial debentures, 2020 first issue
|
| Amount: | NT$5 billion
|
| Maturity: | March 20, 2030
|
| Coupon: | ¾%
|
| Price: | Par
|
| Yield: | ¾%
|
| Call option: | No
|
| Put option: | No
|
| Announcement date: | March 6
|
| Settlement date: | March 20
|
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