Taiwan’s Prince Housing plans up to NT$5 billion five-year bonds

By Marisa Wong

Morgantown, W.Va., March 22 – Prince Housing & Development Corp.’s board of directors has approved the issuance of up to NT$5 billion of five-year corporate bonds, according to a Taiwan Stock Exchange notice.

This first issue of 2017 will be sold at par.

Proceeds will be used to repay existing bonds.

The housing construction and real estate development company is based in Taipei, Taiwan.

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