Fulin Plastic to issue domestic convertible corporate bonds

By Taylor Fox

New York, March 11 – Fulin Plastic Industry (Cayman) Co., Ltd. plans to issue NT$150 million 0% three-year domestic unsecured convertible corporate bonds in the Republic of China at NT$100,000 per bond, according to a company announcement.

The bonds will be priced based on the results of call auction trading.

The proceeds will be used to fund the company’s operations.

CTCB Securities Co., Ltd. is the trustee, and China Trust Commercial Bank is the agent.

Fulin is an artificial leather manufacturer and distributer based in Haiphong, Vietnam.

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