Fubon Bank (China) to issue up to RMB 5 billion non-capital bonds

Chicago, Nov. 14 – Fubon Financial Holding Co. announced that Fubon Bank (China) plans to issue up to RMB 5 billion non-capital financial bonds, according to a notice.

The tender cannot be more than 10 years.

Proceeds will be used to reduce pressure on future maturities on existing bonds, enrich financial channels, improve liquidity index and optimize the bank’s debt structure.

The bank has not chosen an underwriter yet.

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

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