Taiwan’s Fubon plans up to KRW 200 billion of corporate bonds

By Sarah Lizee

Olympia, Wash., Aug. 22 – Fubon Financial Holding Co. announced it plans to issue up to KRW 200 billion of subordinated corporate bonds through Fubon Hyundai Life Insurance Co.

The bonds may be issued in one or more tranches with maturities of up to 10 years.

Proceeds will be used to strengthen financial structure and meet the requirements of the company’s business plan.

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

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