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Published on 11/14/2022 in the Prospect News Emerging Markets Daily.

Fubon Hyundai Life Insurance considers KRW 100 billion hybrid bonds

Chicago, Nov. 14 – Fubon Financial Holding Co. announced that Fubon Hyundai Life Insurance Co. is exploring issuing KRW 100 billion in unsecured hybrid bonds, according to a notice.

The issue would have a 30-year tenor.

The notes would be callable after five years.

Distribution would be via private placement, with an underwriter still to be determined.

Fubon Financial is a financial services company based in Taipei, Taiwan.


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