By Marisa Wong
Morgantown, W.Va., Dec. 8 – Fubon Financial Holding Co. announced that subsidiary Taipei Fubon Bank priced $200 million of 30-year zero-coupon senior financial debentures at par with a 4.05% internal rate of return.
This is the company’s first issue of senior financial debentures for 2016.
Proceeds from the non-underwritten offering will be used to meet mid- or long-term funding needs or to improve liquidity.
Fubon Financial is a financial services company based in Taipei, Taiwan.
| Issuer: | Taipei Fubon Bank
|
| Issue: | Senior financial debentures
|
| Amount: | $200 million
|
| Maturity: | Dec. 22, 2046
|
| Underwriter: | None
|
| Coupon: | 0%
|
| Price: | Par
|
| IRR: | 4.05%
|
| Announcement date: | Dec. 8
|
| Settlement date: | Dec. 22
|
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