By Marisa Wong
Morgantown, W.Va., Nov. 15 – Fubon Financial Holding Co. announced that subsidiary Taipei Fubon Bank priced NT$3.7 billion of 10-year senior financial debentures at par with a 1.1% coupon.
This is the company’s sixth issue of senior financial debentures for 2018.
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, 2018 sixth issue
|
| Amount: | NT$3.7 billion
|
| Maturity: | Nov. 28, 2028
|
| Coupon: | 1.1%
|
| Price: | Par
|
| Yield: | 1.1%
|
| Call option: | No
|
| Put option: | No
|
| Announcement date: | Nov. 15
|
| Settlement date: | Nov. 28
|
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